Andrews Corporate Officers and Directors Liability Litigation Reporter
October 10, 2001
Copyright (c) 2001 Andrews Publications
5TH CIR. REVERSES DISMISSAL OF FRAUD ACTION AGAINST ZONAGEN
Nathenson v. Zonagen Inc.
An appellate court in Austin, Texas, has reversed the dismissal of the securities fraud suit against Zonagen Inc., a biopharmaceutical company based in Texas, for allegedly issuing false press releases about its impotency drug Vasomax. The court...