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Wednesday, April 23, 2025

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Shareholders Sue Schering-Plough

NEWARK (CN) – Shareholders accuse directors of **Schering-Plough Corp. of dumping $45 million of their own shares at artificially inflated prices while issuing $1.6 billion in new shares and publishing false and misleading information about the drugs Zetia and Vytorin. Also sued in Federal Court are CEO **Fred Hassan , CFO **Robert Bertolini, and Vice Presidents **Carrie Cox, Raul Kohan and Thomas Koestler. See complaint.

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