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Taro Announces Preliminary Court Approval of Settlement in Securities Lawsuit
Taro Pharmaceuticals USA, 06/12/09
Taro Pharmaceutical Industries Ltd. announced that the United States District Court for the Southern District of New York has preliminarily approved a settlement of all claims in the purported securities class action captioned Loretta Zwickel v. Taro Pharmaceutical Industries Ltd., et al., Case No. 04-CV-05969. The settlement is subject to notice to the purported shareholder class and final approval by the court at a hearing scheduled to take place in September 2009.
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