J. Caleb Boggs Federal Courthouse in Wilmington, DE. Photo: Diego M. Radzinschi/ALM Claims That Pharma Firm's Board Downplayed Risk of Liver Drug to Proceed in Delaware
The case was moved from New York under a clause in Intercept's bylaws specifying derivative actions against the company are to be addressed in a state or federal court in Delaware, where Intercept is incorporated.
January 28, 2021 at 05:19 PM
4 minute read
A case in which a shareholder has accused a pharmaceutical company of downplaying the dangers of using its drug to treat liver conditions is set to proceed in the District of Delaware.
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