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Wednesday, April 26, 2017

Biotech Investors Seek Ruling On Jefferies Arbitration Fight

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Shareholders who bought stock in a since-failed biotech company urged a Texas federal court Tuesday to reject Jefferies LLC’s attempt to enjoin arbitration before the Financial Industry Regulatory Authority, saying the investment firm’s requested preliminary injunction is identical to the end goal of its suit: to dodge arbitration.

April 26, 2017 at 02:17AM

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