Neogenix Oncology, Inc. v. Gordon

MEMORANDUM AND ORDER

JOSEPH F. BIANCO, District Judge:

This action arises from a company’s efforts to raise capital by offering financial incentives to intermediaries who attracted investors. Plaintiff Neogenix Oncology, Inc., (“Neogenix,” the “Company,” or “plaintiff’) brings this action' against its former attorneys and executives, alleging that they knowingly permitted the Company to raise money by paying finders’ fees to unlicensed brokers. According to Neo-genix, this illegal fundraising program, known as the “Finder Fee Program” (“FFP”), ultimately drove the company into bankruptcy,…