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Court Grants Preliminary Approval of American Pharmaceutical Partners Settlement
10/16/08

On August 15, 2008, the parties to the lawsuit reached a settlement of this action, whereby Defendants agreed to pay $14.3 million to class members. The Court has scheduled a hearing on December 15, 2008 at 10:00 a.m. at the New Castle Courthouse, 500 King Street, Wilmington, DE 19801, before Vice Chancellor Stephen P. Lamb, to determine whether to approve the settlement as fair, reasonable, adequate, and in the best interests of class members. The terms of the settlement are set forth in the Notice of Pendency of Class Action, Proposed Settlement of Class Action, Settlement Hearing, Right for Exclusion and Right to Appear. To view documents relating to the case and settlement, please click the ?American Pharmaceutical Partners, Inc.? link on the right.

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American Pharmaceutical Partners, Inc.

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Class Action Litigation

Institutional Investor Sv

Securities Litigation

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Attorneys

Demet Basar

Stacey Kelly

Daniel Krasner

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