MabVax brass suit by suspected pump and dump investor



By Rick Archer (October 7, 2021, 2:34 p.m. EDT) – A New York federal judge has dismissed claims by an alleged pump-and-dump system mastermind that former senior executives at biotech firm MabVax Therapeutics hid information to fool investors. millions as the company headed for bankruptcy.

In an order issued Wednesday, U.S. District Judge Alvin Hellerstein dismissed lawsuits brought by Barry Honig and a second investor against the former CEO and CFO of MabVax, saying the defendants made no secret that the Securities and Exchange Commission in the United States was investigating both MabVax and Honig and that investors did not show that they lost money due to an alleged lack of disclosure on …

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
  • Create personalized alerts for specific case articles and topics and more!



Source link


Leave A Reply