Timber Hill LLC v. Pershing Square Capital Management, L.P. et al

  1. March 19, 2018

    Valeant, Pershing Get Initial OK On $290M Investor Deals

    A California federal judge granted preliminary approval Monday to two settlements totaling $290 million from Pershing Square Capital Management LP and Valeant Pharmaceuticals International Inc. to resolve investor claims of an insider-trading scheme ahead of their failed takeover bid for Allergan Inc.

  2. January 02, 2018

    Pershing, Valeant Agree To $290M Deal Ending Allergan Suits

    Hedge fund Pershing Square and Valeant Pharmaceuticals have reached a $290 million preliminary agreement to settle two investor suits in California federal court accusing them of an insider trading scheme in connection with Valeant's attempted $55 billion takeover of Allergan.

  3. November 07, 2017

    Investors Spar Over Damages In Valeant, Pershing Rows

    Investors behind two suits accusing Valeant Pharmaceuticals and hedge fund Pershing Square of an insider trading scheme in connection with Valeant's attempted $55 billion takeover of Allergan Inc. duked it out in California federal court Monday over proposals for how to handle potentially competing damages awards in their respective cases.

  4. October 13, 2017

    Susman, Entwistle To Lead Valeant Insider Trading Suit

    Entwistle & Cappucci LLP and Susman Godfrey LLP on Friday nabbed the co-lead counsel spots in a consolidated proposed class action alleging Valeant Pharmaceuticals and billionaire investor Bill Ackman's hedge fund engaged in an insider trading scheme that cost derivatives investors billions.

  5. August 30, 2017

    Susman Godfrey Seeks To Helm Valeant Insider Trading Suit

    Susman Godfrey LLP and Entwistle & Cappucci LLP urged a California federal judge Tuesday to appoint them co-lead counsel for a proposed class action alleging Valeant Pharmaceuticals and Bill Ackman's hedge fund engaged in an insider trading scheme that cost derivatives investors billions.

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