Pension Fund Says It Lost $33.6M Over Pharma Co.'s Actions

Gunnar Larson g at xny.io
Thu Jul 20 02:57:26 PDT 2023


Pension Fund Says It Lost $33.6M Over Pharma Co.'s Actions

By Sydney Price

In its bid to lead a proposed class action, an Ohio pension fund told a
Massachusetts federal court it lost nearly $34 million on its shares of
pharmaceutical company Charles River Laboratories, which faced a U.S.
Department of Justice investigation over claims it concealed its
involvement in the illegal importation of nonhuman primates.

 3 documents attached | Read full article » | Save to favorites »

https://www.law360.com/capitalmarkets/articles/1701213?nl_pk=8da16ff7-f140-492c-bcb7-88f09ca11890&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2023-07-20&read_main=1&nlsidx=0&nlaidx=6
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