Jefferies Seeks Toss Of Failed Biotech Co. Investors' Suit

By Dean Seal ( June 27, 2018, 6:56 PM EDT) -- Investment banking company Jefferies LLC told a Texas federal court on Tuesday that shareholders in a since-failed biotech company are simply trying to "recoup their lost investments" by arguing they were misled by the company's Jefferies-prepared stock offering materials and asked that the claims be dismissed....

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