Cases & Investigations

Korman v. InKine Pharmaceutrical Co., Inc.

CASE NUMBER: March Term 2004, No. 04341
CASE STATUS: Settled
SETTLEMENT AMOUNT: $9 million
COURT: Pennsylvania Court of Common Pleas, Philadelphia County

Berger & Montague brought a state stockholder action on behalf of class members who were denied preemptive rights provided under the articles of incorporation in several securities offerings by InKine. As sole counsel, Berger & Montague secured a settlement of $9 million. The settlement provided substantial compensation for the preemptive rights denied to class members.

Request A Free Consultation

  • This field is for validation purposes and should be left unchanged.