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CALIFORNIA CORPORATE & SECURITIES LAW

Vice Chancellor’s Order Sparks A Wortwechsel In The Blogosphere

Two weeks ago, Vice Chancellor J. Travis Laster denied a proposed stipulated consolidation and scheduling order.  The proposed order directed that the consolidated cases be captioned “In re Astex Pharmaceuticals, Inc. Shareholders Litigation”.  What could be wrong with that?  The cases, after all were class action lawsuits against Astex Pharmaceuticals, Inc. I don’t know why the…

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