HOEY v. INSMED INCORPORATED et al
Case Number:
3:16-cv-04323
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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February 16, 2018
Insmed Beats Stock-Drop Suit Over Lung Disease Drug
A New Jersey federal judge on Thursday tossed a proposed class action alleging that Insmed Inc. misled investors over the likelihood that a lung disease drug would gain market approval in Europe, ruling that the biopharmaceutical company's alleged misstatements and omissions didn't meet the standards for securities law claims.
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October 26, 2016
Robbins Geller Made Lead Counsel In Insmed Stock Drop Suit
A New Jersey federal judge on Tuesday appointed Robbins Geller Rudman & Dowd LLP as lead counsel in a proposed class action alleging that biopharmaceutical company Insmed Inc. misled investors over the likelihood that a lung disease drug would gain market approval in Europe and its stock price dropped.