Ropes & Gray: Supreme Court Agrees to Decide Securities Class Action with Significant Implications for the Pharmaceutical Industry and Other Issuers | Practical Law

Ropes & Gray: Supreme Court Agrees to Decide Securities Class Action with Significant Implications for the Pharmaceutical Industry and Other Issuers | Practical Law

This Ropes & Gray LLP memorandum discusses the Supreme Court's decision to hear the case of Matrixx Initiatives, Inc. v. Siracusano, which addresses a stockholder's claim that a pharmaceutical company improperly failed to disclose adverse drug reactions even though the events were not statistically significant.

Ropes & Gray: Supreme Court Agrees to Decide Securities Class Action with Significant Implications for the Pharmaceutical Industry and Other Issuers

by Ropes & Gray LLP
Published on 15 Jun 2010 • USA (National/Federal)
This Ropes & Gray LLP memorandum discusses the Supreme Court's decision to hear the case of Matrixx Initiatives, Inc. v. Siracusano, which addresses a stockholder's claim that a pharmaceutical company improperly failed to disclose adverse drug reactions even though the events were not statistically significant.