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Overview

Status: Status: Pending
Court: Court: Eastern District of Pennsylvania
Case Number: Case Number: 23-cv-04842
Lead Attorneys: Lead Attorneys: Javier Bleichmar, Nancy A. Kulesa
Background: The complaint alleges that from February 9, 2022 through October 30, 2023, inclusive, defendants misrepresented the status of patent protections for FMC's key products and the amount of product in the company’s inventory channels. The complaint alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.  
 
BFA’s Role: BFA is counsel for Plaintiff Oklahoma Firefighters Pension and Retirement System.
  
Status: On May 9, 2024, the court appointed Ruth Asset Management AB as lead plaintiff.  The parties are expected to promptly submit a schedule for the filing of an amended complaint and any potential motion to dismiss.

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