Judge Jesse Furman. Photo: Rick Kopstein/ALM Bristol Myers Squibb Wins Dismissal of $6.4 Billion Lawsuit Alleging Intentional Delay of Cancer Drug
U.S. District Judge Jesse Furman dismissed the action, finding plaintiff was never properly appointed as successor-trustee and therefore was unable to bring the suit on behalf of shareholders.
October 01, 2024 at 04:45 PM
3 minute read
Pharmaceuticals
A New York federal judge has dismissed a $6.4 billion lawsuit against Bristol Myers Squibb, agreeing with counsel for the pharmaceutical company that plaintiffs lacked subject matter jurisdiction.
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