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Bucks Co. Named Lead Plaintiff In Class Action Lawsuit


Bucks Co. Named Lead Plaintiff In Class Action Lawsuit
Patch
2/8/2021
© Peter Blanchard/Patch
The Bucks County Administration Building at 55 E. Court Street.
DOYLESTOWN, PA The Bucks County Employees Retirement Fund was named the leader plaintiff in a federal securities class action case filed on behalf of investors in Malvern-based pharmaceutical giant Endo International following an order by U.S. District Court Judge Michael Baylson.
The lawsuit alleges that the company committed securities fraud by engaging in inherently risky and unstable generic drug pricing practices and failing to disclose those practices and other key information to investors.
Lawrence Stengel, former Chief Judge of the U.S. District Court for the Eastern District of Pennsylvania, to serve as lead counsel in the case. Bucks County Solicitor Joe Khan and First Assistant County Solicitor Amy Fitzpatrick will handle the bulk of the day-to-day work in the litigation, county ....

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