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Banker Describes Confidential Work In 'Shadow Trading' Trial

By Bonnie Eslinger ( March 26, 2024, 10:21 PM EDT) -- An Evercore investment banker who worked on Medivation's 2016 sale to Pfizer testified Tuesday in the U. S. Securities and Exchange Commission's novel "shadow trading" trial, saying the defendant was involved in a confidential process that identified biopharma company Incyte as comparable to Medivation — information the defendant is accused of trading on. . . .

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