Ic­ahn law­suit calls for mil­lions in dam­ages, re­moval of Il­lu­mi­na board mem­bers

A new­ly un­sealed law­suit filed by ac­tivist in­vestor Carl Ic­ahn al­leges that Il­lu­mi­na board mem­bers ig­nored an­titrust reg­u­la­tors when buy­ing Grail for $8 bil­lion, failed to dis­close key in­for­ma­tion about the deal and en­trenched them­selves as di­rec­tors.

The law­suit was filed in Delaware Chancery Court on Fri­day and seeks hun­dreds of mil­lions of dol­lars in dam­ages as well as the re­moval of board mem­bers.

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