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KaloBios Investors Sue Over Shkreli Arrest

By Jonathan Randles ( January 7, 2016, 6:01 PM EST) -- Beleaguered pharmaceutical company KaloBios was sued Thursday for fraud in Delaware by a group of investors who claim the business unlawfully closed on an $8 million stock sale mere hours before its then-CEO Martin Shkreli and outside counsel from Kaye Scholer LLP were arrested by federal authorities....

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