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Millennium Pharmaceuticals Case 04/10/2008

  • If you purchased a significant amount of shares of this company you have certain options and for certain investors are short and strict deadlines running. Investors should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

Company
Millennium Pharmaceuticals
Security
NASDAQ: MLNM

Case Name
Millennium Pharmaceuticals Case 04/10/2008
Type of Lawsuit
Shareholder Class Action
Court of Filing
Massachusetts state court

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Summary

<p>On April 10th, 2008 shareholders filed in <st1:state w:st= on ><st1:place w:st= on >Massachusetts</st1:place></st1:state> state court a class action against Millenium Pharmaceuticals Inc. trying to prevent Takeda Pharmaceutical Co. Ltd’s $ 8.8 billion buyout of the company. The complaint alleges the acquisition was based on a “flawed sales process,” and for grossly inadequate consideration.</p>