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Del. Justices OK Denial Of Icahn-Illumina Mid-Case Appeal Bid

Law 360

Billionaire investor Carl Icahn may not put his Chancery Court litigation against biotechnology company Illumina Inc.'s

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Chancery Bars Icahn Co. Use Of Some Illumina-Grail Docs

Law 360

Three Carl Icahn-controlled companies were ordered Tuesday to strike confidential details from a Delaware Chancery Court derivative suit targeting biotech giant Illumina Inc.'s s troubled $8 billion reacquisition of Grail Inc., finding an Icahn-tied Illumina director wrongly shared the information.

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Icahn Says Illumina Stance 'Insulting' As Proxy War Brews

Law 360

Carl Icahn on Wednesday said life sciences company Illumina Inc. is "insulting" the intelligence of its shareholders after the company defended its board and said it would not recommend Icahn's director nominees, the latest volley amid the billionaire's efforts to get Illumina to divest cancer biotech company Grail Inc.

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5th Circ. Asks Illumina, FTC For Update On EU Order's Impact

Law 360

The Fifth Circuit is asking Illumina Inc. and the Federal Trade Commission how a recent European Union order that Illumina sell off cancer detection company Grail Inc. will impact the FTC's suit challenging the $8 billion purchase.

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Illumina Brass Faces Shareholder Suit Over Grail Deal Debacle

Law 360

Current and former directors and executives of Illumina, including former U.S. Food and Drug Administration Commissioner Scott Gottlieb, have been hit with a shareholder derivative suit in California federal court over their role in the biotech company's failed $8 billion deal to reacquire its cancer-detection company Grail Inc.

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Icahn Goes After Illumina's Board In Del. Chancery Court

Law 360

Carl Icahn on Tuesday lodged a proposed securities class and derivative action against Illumina Inc. and its board of directors, accusing them of breaching their fiduciary duties to stockholders, a suit that follows Icahn's monthslong campaign against the biotech company's reacquisition of a cancer testing company.

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Icahn Says $8B Illumina-Grail Deal Caused Millions In Losses

Law 360

Carl Icahn alleges in a proposed securities class and derivative action filed in Delaware's Chancery Court that Illumina Inc.

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