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4th Circ. Undoes $22M Defamation Verdict Against Biotech Co.

By Mike Curley ( June 24, 2021, 2:03 PM EDT) -- The Fourth Circuit has vacated a $22 million damages verdict against Puma Biotechnology Inc. in a North Carolina shareholder's defamation suit alleging it blamed him for fraud in an investor presentation, saying the jury's award was excessive and in "manifest disregard" to its instructions....

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