New York law firm Bleichmar Fonti & Auld secured a $420 million settlement for its clients in a securities class action case against Teva Pharmaceuticals. The law firm was viewed as the underdog, but exceeded the law community’s expectations in the end.

The named plaintiffs, Ontario Teachers’ Pension Plan Board and Anchorage Police & Fire Retirement System, alleged in the complaint that Teva allegedly engaged in price fixing to raise profits.

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