Icahn suing Forest, cites succession plan worries

Investor Carl Icahn speaks at the Wall Street Journal Deals & Deal Makers conference, held at the New York Stock Exchange(Reuters) – Activist investor Carl Icahn, who is seeking representation on the board of Forest Laboratories Inc, said he is suing the U.S. drugmaker to get more information about its succession planning. In a letter to the company's board, Icahn, Forest's second-largest shareholder, expressed concerns about Forest's longtime chief, Howard Solomon, handing over reins to his son, David Solomon, who is the company's senior vice president for corporate development and strategic planning. …