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Injunction Bid Rejected In PetroMed Investors' Suit

By Christie Smythe ( September 9, 2009, 5:55 PM EDT) -- A federal judge has rejected a request from investors for a preliminary injunction barring asset transfers from oil and gas exploration startup PetroMed Corp. and its various affiliates, saying that investors may be better off if the companies can use the assets — mainly Israeli drilling licenses — to generate returns....

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