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New Del. Law Can't Invalidate Genelux Stock, Court Says

By Stewart Bishop ( October 29, 2015, 9:30 PM EDT) -- A Delaware court has ruled against biopharmaceutical company Genelux Corp. in its feud over company control, finding stock issued to founder Aladar Szalay is valid and upholding his appointment of two directors, and the court further defined a recent statute that enhanced its power to deal with defective corporate acts....

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