BEHESHTI v. KIM et al

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Case overview

Case Number:

2:20-cv-01962

Court:

Pennsylvania Eastern

Nature of Suit:

Other Statutes: Securities/Commodities

Multi Party Litigation:

Derivative Litigation

Judge:

GERALD J. PAPPERT

Firms

Companies

Sectors & Industries:

  1. June 15, 2023

    Inovio Investors Get Derivative Deal OK'd Over Vaccine Claims

    Investors in biotechnology firm Inovio Pharmaceuticals Inc. have received an initial green light from a Philadelphia federal judge for their agreement to settle their derivative action against the company's brass over alleged misrepresentations about the company's efforts to produce a vaccine for COVID-19 in a matter of hours.

  2. April 19, 2023

    Inovio Investors Want 1st OK For COVID-19 Derivative Deal

    Several Inovio Pharmaceuticals investors asked a Pennsylvania federal judge on Wednesday to give the first OK to a settlement reached with the company to resolve allegations that Inovio's board of directors lied about the successful development of a COVID-19 vaccine in just three hours.

  3. May 29, 2020

    COVID-19 Securities Catch-Up: The 8 Biggest Investor Actions

    At least 50 federal securities cases with references to COVID-19 have been filed in the past three months, including merger challenges, regulatory enforcement actions and sprawling investor suits, according to a Law360 review of filings. As the pandemic pushes into the summer, Law360 is taking a look at eight major investor actions that were brought in connection with the novel coronavirus since March.

  4. April 21, 2020

    Inovio Execs Hit With Suit On Heels Of COVID-19 Class Action

    An investor hit Inovio Pharmaceuticals Inc. executives with a derivative action on behalf of the company in Pennsylvania federal court Monday, accusing the board of directors of lying about the successful development of a COVID-19 vaccine in just three hours.

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