Source: Law 360

OmeCare: Pathway Genomics Investor Says Board Ignored Assets Raid

A Curacao-based investor has hit ex-board members of defunct biotech company Pathway Genomics with a derivative shareholder suit in Delaware's Chancery Court that claims they turned a blind eye to a Ukrainian businessman's scheme to raid and transfer assets to another company, leaving shareholders with nothing.

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$100K-5.0M
Est. Employees
1-25
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