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K-V Pharmaceutical Company Announces the Completion of the Sale of Nesher Pharmaceuticals, Inc. its Generic Pharmaceutical Business
Date:8/8/2011

oduct introductions result in litigation, agency action or material damages;

(20) the possibility of our loss of failure to supply claims by certain of the Company's customers, that, despite the formal discontinuation action by the Company of its products, the Company should compensate such customers for any additional costs they allegedly incurred for procuring products the Company did not supply;

(21) the series of putative class action lawsuits alleging violations of the federal securities laws by the Company and certain individuals, as more fully described in Note 15 -- "Commitments and Contingencies -- Litigation and Governmental Inquiries" of the Notes to the Consolidated Financial Statements included in  the Company's 2011 Form 10-K;

(22) the possibility that insurance proceeds are insufficient to cover potential losses that may arise from litigation, including with respect to product liability or securities litigation;

(23) the informal inquiry initiated by the SEC and any related or additional government investigation or enforcement proceedings as more fully described in Note 15 -- "Commitments and Contingencies -- Litigation and Governmental Inquiries" of the Notes to the Consolidated Financial Statements included in the Company's 2011 Form 10-K;

(24) the possibility that the pending investigation by the HHS OIG into potential false claims under the Title 42 of the U.S. Code as more fully described in Note 15 -- "Commitments and Contingencies -- Litigation and Governmental Inquiries" of the Notes to the Consolidated Financial Statements included in the Company's 2011 Form 10-K, could result in significant civil fines or penalties, including exclusion from participation in federal healthcare programs such as Medicare and Medicaid;

(25) delays in returning, or failure to return the Company's approved products to market, including loss of market share as a result of th
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SOURCE K-V Pharmaceutical Company
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