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Biotech / Medical : Female Health FHCO
VERU 2.555-1.7%3:59 PM EST

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From: Savant11/29/2016 11:44:55 AM
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Law360, Springfield (November 21, 2016, 9:04 PM EST) -- A proposed class of shareholders in a company that makes female sexual health products is suing the company in Illinois federal court over a merger the shareholders say did not get their required approval.

Shareholders in Chicago-based female condom manufacturer The Female Health Co. alleged the company merged with New York-based Aspen Park Pharmaceuticals without proper approval from investors. Aspen Park, a company that develops drugs, is now considered a subsidiary of Female Health.

The shareholders, led by named plaintiff Brian Schartz, want a preliminary injunction...
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