Just talked to Lisa at investor relations. She said she didn't have any information to share regarding the trial. She said if the outcome is anything financially significant, they will do a press release, if not it will be noted in the 10K at the end of March.
It has no relevance. These cases takes ages to determine, if not thrown out during the initial status conference phase itself.
These days Corporations are so aware and they include every damn thing in their SEC filings absolving all sorts of responsibilities.
With Takeda at the helm and they are all party to this lawsuit, it is not going anywhere. There are so many insurance companies the Plantiff needs to face, these lawyers will eat them alive and very expensive to deal with them, the Insurance companies has deep packets to deal with and they will ensure they don't set any precedence of any sort.
On top of it, if this is not in its favor, Takeda will simply say that the FDA advised Investigation is on and will request for an adjournment till it is determined. No way the Judge can't refuse this request.
At this juncture the Lawsuit is just nuisance and NO MATERIAL EFFECT on this stock and its potential upside.