Legal Opinion

In Re Telik, Inc. Securities Litigation

District Court, S.D. New York

Decided September 10, 2008No. 07 Civ. 4819(CM)PublishedCited by 51 opinions

1Opinion of the Court

DECISION AND ORDER APPROVING THE SETTLEMENT, CERTIFYING THE CLASS FOR SETTLEMENT PURPOSES, APPROVING THE PLAN OF ALLOCATION OF THE NET SETTLEMENT FUND, DISALLOWING THE OBJECTIONS, AND AWARDING ATTORNEYS’ FEES

McMAHON, District Judge:

Preliminary Statement

The core allegation in the Complaint is that the Telik Defendants 1 received data about Phase 3 clinical tests on Telik’s leading new drug candidate, TELCYTA, on a “rolling basis” from the “interim looks” that Defendants Wick and Buttita stated were built into the study. Plaintiffs alleged that, based on their receipt of negative interim data…

2Cases cited59 opinions

  1. Blum v. StensonSupreme Court of the United States · 1984
  2. Amchem Products, Inc. v. WindsorSupreme Court of the United States · 1997
  3. Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
  4. Missouri v. Jenkins Ex Rel. AgyeiSupreme Court of the United States · 1989
  5. City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974

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3Cited by51 opinions

  1. Duling v. Gristede's Operating Corp.District Court, S.D. New York · 2010
  2. Union Asset Management Holding A.G. v. Dell, Inc.Court of Appeals for the Fifth Circuit · 2012
  3. In re Marsh Erisa LitigationDistrict Court, S.D. New York · 2010
  4. In re Citigroup Inc. Securities LitigationDistrict Court, S.D. New York · 2013
  5. Madden v. Midland Funding, LLCDistrict Court, S.D. New York · 2017

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