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Second Circuit – Securities : Nguyen v. NewLink

United States Court of Appeals for the Second Circuit Securities Misrepresentation – Puffery – Drug trials Nguyen v. NewLink 19-642 Judges Kearse, Walker, and Livingston Background: The plaintiffs commenced a class action following the failure of the defendant’s Phase 3 clinical trial for a novel pancreatic cancer drug and the resulting decline in the market value of the defendant’s shares. The ...

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