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1st Circuit Tosses Securities Suit Against Karyopharm Over Cancer Drug

A First Circuit panel rejected an appeal to revive a securities lawsuit filed by investors against pharmaceuticals company Karyopharm. The panel affirmed ....

Levi Korsinsky , Andrews Devalerio , Drug Administration , First Circuit , New Drug ,

Neuroscience Company Facing Securities Suit After Allegedly Misleading Investors on FDA Trials

Health
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January 12, 2021
Minerva Neuroscience is facing a putative class-action securities lawsuit filed by an investor in Massachusetts District Court. According to the complaint, the NASDAQ-listed company is a “clinical-stage biopharmaceutical company focused on the development and commercialization of a portfolio of product candidates to treat patients suffering from central nervous diseases.” The complaint alleges that misleading statements made by the company and its CEO concerning the outcomes of Food and Drug Administration (FDA) trials resulted in a decrease in stock price.
At the center of the suit is roluperidone, or MIN-101, a drug being developed for the treatment of symptoms of schizophrenia. The complaint explained that the Class Period began in May 2017, when the defendant announced that it had held a successful Phase 2b trial with the FDA, and would undertake a Phase 3 trial. ....

United States , Andrews Devalerio , Massachusetts District Court , Securities Exchange , Drug Administration , Minerva Neuroscience , Massachusetts District , Class Period , New Drug , ஒன்றுபட்டது மாநிலங்களில் , ஆண்ட்ரூஸ் டெவலெரியோ , மாசசூசெட்ஸ் மாவட்டம் நீதிமன்றம் , பத்திரங்கள் பரிமாற்றம் , மினெர்வா நரம்பியல் , மாசசூசெட்ஸ் மாவட்டம் , வர்க்கம் காலம் , புதியது மருந்து ,

False Advertising Suit Against Pet Food Company Dismissed

Agriculture
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December 24, 2020
District of Minnesota Judge Patrick J. Schlitz dismissed a false advertising suit on Tuesday brought by Acana and Orijen kibble purchasers against Champion Petfoods USA, Inc., and Champion Petfoods LP, the manufacturers.
The plaintiffs alleged they “purchased Champion’s dog food
rather than cheaper alternatives in reliance on the representations made by
Champion on its packaging.” The specific statements on the packaging the
plaintiffs claimed they relied on were: “Biologically Appropriate,” “Fresh
Regional Ingredients,” “Nourish as Nature Intended,” and “Delivering Nutrients
Naturally.” The plaintiffs argued that these statements were false or
misleading because the dog food may have contained “heavy metals,” “BPA,” ....

United States , Siegel Brill , Patrickj Schlitz , Gustafson Gluek , Lockridge Grindal Nauen , Champion Petfoods United States Inc , Greenberg Traurig , Wexler Wallace , Andrews Devalerio , Minnesota Judge Patrick , Champion Petfoods United States , Champion Petfoods , Regional Ingredients , Nature Intended , Nutrients Naturally , ஒன்றுபட்டது மாநிலங்களில் , ஸீகல் புல் , சாம்பியன் பெட்ஃபூட்ஸ் ஒன்றுபட்டது மாநிலங்களில் இன்க் , க்ரீன்பெர்க் ற்ர்ௌுரிக் , வெக்ஸ்லர் வாலஸ் , ஆண்ட்ரூஸ் டெவலெரியோ , மினசோட்டா நீதிபதி பேட்ரிக் , சாம்பியன் பெட்ஃபூட்ஸ் ஒன்றுபட்டது மாநிலங்களில் , சாம்பியன் பெட்ஃபூட்ஸ் , பிராந்திய பொருட்கள் , இயற்கை நோக்கம் ,

Ninth Circuit Affirms Decision to Deny Class Certification in Dog Food Suit

Agriculture
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December 10, 2020
The Ninth Circuit affirmed the district court’s denial of class certification in a lawsuit against Champion Petfoods in an opinion filed on Wednesday. The court determined that the plaintiff’s allegations that dog food sold by the defendant was misleading and that the packaging did not contain an accurate representation of the dog food were “without merit.”
The initial complaint, filed in March 2018 in the Central District of California, purported that Champion misled its consumers by not disclosing that its pet foods contained heavy metals and toxins. The defendants reportedly had a mission “to be trusted by pet lovers” and create pet food that mirrored what pets would eat in nature with natural ingredients, but betrayed the trust they had built by selling dog foods with various levels of arsenic, mucurly, lead, and cadmium. The plaintiffs have been seeking injunctive relief, an order enjoining the defendan ....

United States , Wexler Wallace , Cuneo Gilbert Laduca , Jennifer Reitman , Gustafson Gluek , Andrews Devalerio , Depalma Greenberg , Lockridge Grindal Nauen , Carol Shoaff , Greenberg Traurig , Ninth Circuit , Champion Petfoods , Central District , Erin Grant , Cuneo Gilbert , Lite Depalma Greenberg , ஒன்றுபட்டது மாநிலங்களில் , வெக்ஸ்லர் வாலஸ் , குனேோ கில்பர்ட் ளாடுக , ஜெனிபர் ரீட்மேன் , ஆண்ட்ரூஸ் டெவலெரியோ , டெபல்மா க்ரீன்பெர்க் , கரோல் ஷொப்ப் , க்ரீன்பெர்க் ற்ர்ௌுரிக் , ஒன்பதாவது சுற்று , சாம்பியன் பெட்ஃபூட்ஸ் ,