RE:RE:RE:Some Pharma Legal Buzz on a Botched Takeover If I'm correct, bondholders ande debtholders, always come before shareholders in these matters. Important to consider whenever investing in any company.
YourMindIz wrote: I googled this and the details sound like they are blaming the CEO for convincing shareholders to not tender their shares but can just because afterwards the stock took a dive do they have a chance of being successful? I am a v. small valeant shareholder and anticipate legal class actions piling on if by chance they don't file there 10k next week land the defaults start then they deserve to be sued. But how does that work if they don't have cash, do shareholders get paid before or after any legal suits and is this after bondholders or to the lawyers just end up getting rich here?
select1011 wrote: ..one can find a deep look at Papa's resume, if one has the time. Gosh, I feel for Perishing Square.
Lattice wrote: Glancy Prongay & Murray just commenced their claim three hours ago on behalf of shareholders in Perrigo (for those unfamiliar, Papa jumped ship to Valeant just in time because three weeks later PRGO guidance was drastically cut saying it was not achievable). The class action investigation is regarding the Mylan takeover offer Perrigo messed up in 2015. I wonder if they know that Papa was trading Mylan stock at the time of the "talks."