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Corban, et al v. Sarepta Therapeutics, Inc., et al
Case Number:
16-1658
Court:
Nature of Suit:
3850 Securities/Commodities/Exchange
Companies
Sectors & Industries:
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October 12, 2017
1st Circ. Won't Rethink Ending Sarepta Securities Suit
The First Circuit refused Wednesday to reconsider its August decision upholding the dismissal of a putative securities class action accusing drugmaker Sarepta Therapeutics Inc. of misleading investors over the possibility of government approval for its muscular dystrophy drug eteplirsen.
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August 22, 2017
1st Circ. Affirms Dismissal Of Sarepta Securities Suit
The First Circuit on Tuesday upheld the dismissal of a putative securities class action against drugmaker Sarepta Therapeutics Inc., saying that despite five tries, the plaintiffs failed to plead a "cogent inference of scienter" that the company misled investors over the possibility of government approval for its muscular dystrophy drug eteplirsen.