Credit: photastic/Shutterstock.com SEC Agrees to Dismiss Civil Suit Against Former Pharma CIO Over Alleged Insider Trading
"We are delighted that Ram has been fully vindicated of these meritless allegations," former Mylan executive Ramkumar V. Rayapureddy's lead counsel, Adam Lurie, a partner at Linklaters, said of the outcome. "He has shown remarkable courage and resilience throughout this long injustice and is looking forward to moving on with his life and his career."
August 15, 2024 at 11:41 AM
3 minute read
Securities Litigation
The U.S. Securities and Exchange Commission agreed to dismiss its civil suit against former Mylan executive Ramkumar V. Rayapureddy, in what his Linklaters counsel are deeming as a "second victory" after the government also dismissed parallel criminal charges earlier this year just shy of a trial.
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