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3rd Circuit Affirms Dismissal Of Savient Class Action

By Melissa Lipman ( July 7, 2008, 12:00 AM EDT) -- A federal appeals court has upheld the dismissal of a consolidated class action securities lawsuit charging that Savient Pharmaceuticals Inc. and three of its former officers defrauded investors by overstating both the company's financial results and the appeal of its weight-gain drug Oxandrin....

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