The proxy fight at ICN Pharmaceuticals may be over, but the legal wrangling goes on and on. Shareholders at the drugmaker's annual meeting on Feb. 1 "overwhelmingly" supported its directors against a slate put forth by stockbroker Rafi Khan, the company says. The vote ended a 10-month offensive by Khan to unseat ICN founder Milan Panic. Now, the battle moves to a New York courtroom, where ICN is suing Khan for $75 million. It says Khan traded ICN stock using inside information. In his own suit, Khan charges Panic with illegally managing ICN while he was Prime Minister of Yugoslavia.
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