Taro Agrees $36m Securities Settlement Over US Price-Fixing Claims

Eight-Year-Old Lawsuit Alleged Firm’s 'False Statements' Misled Investors

Sun’s Taro subsidiary is looking to move forward with an eight-figure settlement deal in the US, after plaintiffs including a firefighters’ pension fund accused the firm of misleading investors via its involvement in generic price fixing, leading to a fall in the price of its securities.

Settlement newspaper headline on money
• Source: Shutterstock

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