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Litigation

Dec. 20, 2014

Potential class action again accuses hedge fund of insider trading in Allergan stock

Investors claiming they lost out in the hostile takeover bid for Allergan Inc. have filed a potential class action against the two companies that made the unusual but failed run at the Irvine maker of Botox.


By Don J. DeBenedictis


Daily Journal Staff Writer


Investors claiming they lost out in the hostile takeover bid for Allergan Inc. have filed a potential class action against the two companies that made the unusual but failed run at the Irvine maker of Botox.


The federal suit, filed by lawyers from Cotchett, Pitre & McCarathy LLP of Burlingame and Bottini & Bottini Inc. of La Jolla, accuses Valeant Pharmaceuticals International Inc. and ...

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