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» Hedge fund adviser liable for securities fraud against Ligand
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Hedge fund adviser liable for securities fraud against Ligand
Nov. 8, 2021
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A U.S. district court jury in Boston found Nov. 5 that Gregory Lemelson and Massachusetts-based Lemelson Capital Management LLC made fraudulent misrepresentations about Ligand Pharmaceuticals Inc. to drive down the San Diego company’s stock price.
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