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Bristol-Myers Squibb Announces Preliminary Court Approval of Derivative Settlement
Bristol Myers-Squibb Company, 08/21/09
Bristol–Myers Squibb Company announced that the United States District Court for the Southern District of New York has granted preliminary approval of settlement of Sampson v. Robinson, et al., Case No. 1:07–CV–06890, a shareholder action pursued derivatively on behalf of Bristol–Myers Squibb. The action concerned allegations relating to the efforts to settle the Plavix patent litigation in 2006. The proposed settlement is subject to final Court approval.
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