PRA Health Sciences controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2021
Shareholder sues PRA Health Sciences over proposed ICON merger disclosures
Lawsuit filed
Michael Birdsall filed suit against PRA Health Sciences and its Board of Directors, alleging that the company provided shareholders with misleading information about its proposed merger with ICON, including through a materially incomplete and misleading proxy statement. The plaintiff sought injunctive and other equitable relief.
Source excerpt
Specifically, Birdsall argued the leading global contract research organization and its Board of Directors are violating the Securities Exchange Act of 1934 and the United State Securities and Exchange Commission Rule by authorizing “the filing of a materially incomplete and misleading Definitive Proxy Statement with the (U.S. Securities and Exchange Commission).”