Pharma Co. Founder Beats Suit Over Short-Swing Trading
By Katryna Perera ( August 6, 2024, 6:46 PM EDT) -- The founder of Y-mAbs Therapeutics Inc. beat back a suit alleging he realized more than $2.5 million in so-called short-swing profits after he exchanged his Y-mAbs stock for those of another company, with a New York federal judge saying in a ruling of first impression that the founder does not need to return the gains he received....
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