Ronald Monk, Et Al. V. Johnson & Johnson, Et Al. 10-CV-04841
James E. Cecchi D. Seamus Kaskela Lindsey H. Taylor David M. Promisloff CARELLA, BYRNE, CECCHI, BARROWAY TOPAZ KESSLER OLSTEIN, BRODY & AGNELLO, P.C. MELTZER & CHECK, LLP 5 Becker Farm Road 280 King of Prussia Road Roseland, New Jersey 07068 Radnor, Pennsylvania 19087 (973) 994-1700 (610) 667-7706 Ramzi Abadou Erik D. Peterson Stacey Kaplan BARROWAY TOPAZ KESSLER MELTZER & CHECK, LLP 580 California Street, Suite 1750 San Francisco, California 94104 (415) 400-3000 Attorneys for Plaintiff UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY Civil Action No. RONALD MONK, Individually and on Behalf of All Others Similarly Situated, Plaintiff, vs. COMPLAINT and DEMAND FOR JURY TRIAL JOHNSON & JOHNSON, WILLIAM C. WELDON, DOMINIC J. CARUSO and PETER LUTHER, Defendants. Plaintiff Ronald Monk, individually and on behalf of others similarly situated, by way of Complaint against Johnson & Johnson, William C. Weldon, Dominic J. Caruso, and Peter Luther, say: INTRODUCTION AND OVERVIEW 1. This is a class action for violations of the anti-fraud provisions of the federal securities laws on behalf of all purchasers of Johnson & Johnson (“JNJ” or the “Company”) publicly traded securities between October 14, 2008 and July 21, 2010 (the “Class Period”), who were damaged thereby. 2. JNJ is a healthcare company that sells, among other things, over-the-counter (“OTC”) drugs to consumers. During the Class Period, defendants repeatedly touted the success and revenue of OTC drug sales by its subsidiary McNeil-PPC, Inc. (“McNeil”). At the same time, defendants failed to disclose that a number of manufacturing facilities were failing to maintain current good manufacturing practices (“cGMPs”).
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