Lawsuit Overview
MARCH 2012 - Case dismissed. An investor in Genzyme Corporation (NASDAQ:GENZ) filed a lawsuit in Federal Court against the board of directors of Genzyme Corp. alleging breaches of fiduciary duty in connection with the proposed takeover of Genzyme by Sanofi Aventis SA. On Sunday, August 29, 2010, the French drug developer Sanofi-Aventis offered $69 a share for Genzyme. The following ...
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