Andrews Corporate Officers and Directors Liability Litigation Reporter
August 26, 2002
Short-Swing Trading:
Copyright (c) 2002 Andrews Publications
2D CIR.: GENERAL WAIVER SHIELDS DIRECTORS FROM SHORT-SWING TRADE LIABILITY
Gryl v. Shire Pharm. Group
Officers and directors of Roberts Pharmaceutical Co. who acquired shares of British drug maker Shire Pharmaceuticals Group PLC in a stock-swap merger and sold them less than six months later are not guilty of short-swing trading, a federal appeals...
2D CIR.: GENERAL WAIVER SHIELDS DIRECTORS FROM SHORT-SWING TRADE LIABILITY
Gryl v. Shire Pharm. Group