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Statutory stay of discovery lifted to require identification of third parties and permit service of document preservation subpoenas

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • August 21 2009

Plaintiff’s federal securities class action complaint alleged that Savient Pharmaceuticals, Inc. and two of its officers failed to disclose that 5 of the patients in a clinical trial of Krystexxa, Savient’s new drug, suffered serious side effects

Indictment charging cherry-picking scheme partially dismissed on limitations grounds

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • August 21 2009

Defendant was indicted for engaging in a "cherry-picking" scheme under which "he executed trades without immediately assigning them to a particular account."