The saga continues… So there’s some Shareholders alleging inappropriate behavior. The short of their argument goes something like:
Dec 13, 07: Rigel: R788 is great!
Feb 6, 08: Rigel sells 5,000,000 shares at $27
Oct 27, 08 Rigel presents full study details:
And now there’s a lawsuit presumably claiming that Rigel didn’t share material data during the December 13 releases and 8k filing that when said data did finally come out, it dropped the stock considerably…
