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Myovant, Sumitomo Call Alleged Skadden Conflict Public Info

By Katryna Perera ( November 2, 2023, 4:49 PM EDT) -- Executives of Sumitomo Pharma America Inc. and Myovant Sciences Ltd. have urged a New York federal judge to toss a proposed class action claiming the companies' merger was undervalued because lawyers from Skadden Arps Slate Meagher & Flom LLP who helped negotiate the deal had undisclosed conflicts of interest, saying the complaint doesn't show any actual conflicts to begin with. ...

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