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Clifford Chance

Clifford Chance

Briefings

Wirral v Indivior and Reckitt – High Court rejects representative action for "stock drop" claim

12 December 2023

In Wirral Council as administering authority of Merseyside Pension Fund v Indivior plc and Reckitt Benckiser Group plc [2023] EWHC 3114 (Comm), the High Court struck out a representative action brought by Wirral Council against Indivior plc and Reckitt Benckiser Group plc under sections 90 and 90A FSMA 2000.

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