PRA Health Sciences, contract research organization serving pharmaceutical clients, and its board of directors were hit with a class action securities lawsuit Friday in California Southern District Court. The shareholder lawsuit was brought by Weisslaw LLP and Bragar Eagel & Squire over a February agreement to sell PRA Health to ICON plc, and alleges that regulatory filings in connection with the transaction are misleading. Counsel have not yet appeared for the defendants. The case is 3:21-cv-01064, Murphy v. PRA Health Sciences, Inc. et al.
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