Benny Landa Plans Shareholder Coup at Teva

Some of Teva' bylaws, such as the requirement the CEO and majority of the board be Israeli, are frowned upon by American capital markets.

Businessman Benny Landa is in discussions with Israeli investors and U.S. investment funds with shares of Teva Pharmaceutical Industries in an effort to put together a group that could move to replace the company’s board of directors.