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ATENCIÒN: Danish Novo’s top executives are being sued by American pension fund

January 12, 2017

January 12, 2017
The American pension fund Lehigh County Employees’ Retirement System in Pennsylvania is sueing Former CEO at Danish Novo Nordisk, Lars Rebien Sørensen, and Group Chief Financial Officer (CFO) Jesper Brandgaard. The US pension fund is of the opinion, that Novo Nordisk has been hiding important financial information for its investors. This according to Danish daily Børsen.
Furthermore the company is being accused of having lifted its prices via agreements in accordance with its company competitors. This according to a proposed class action lawsuit initiated at the district court in New Jersey. In Børsen’s story the two protagonists abstained from commenting the proceedings.
The story in Børsen is reported by Tom Frovst.


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