DISCLAIMER: Any unofficial case summaries below are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
142592P.pdf 07/02/2015 Lori Anderson v. K-V Pharmaceutical Company
U.S. Court of Appeals Case No: 14-2592
U.S. District Court for the Eastern District of Missouri - St. Louis
[PUBLISHED] [Shepherd, Author, with Murphy, Circuit Judge, and Harpool,
District Judge]
Civil case - Securities Fraud. In action alleging K-V and three of its
officers made materially false or misleading statements or omissions
related to the product launch of the drug Makena, the district court did
not err in finding defendants' statements about FDA exclusivity were
protected by the safe-harbor provisions of the Private Securities
Litigation Reform Act of 1995, 15 U.S.C. Sec. 78u-4(b) as forward-looking
statements accompanied by meaningful cautionary language; the district
court did not abuse its discretion by denying plaintiffs' motion for
reconsideration of the scope of leave to amend the complaint.