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Drugmaker MannKind Escapes Investors' Suit At 9th Circ.

By Emilie Ruscoe (April 9, 2021, 8:36 PM EDT) -- The Ninth Circuit has affirmed a lower court's dismissal of a putative securities class action against investment bank H.C. Wainwright & Co. LLC claiming it artificially inflated trading prices for shares of drugmaker MannKind Corp. in advance of a "highly dilutive" offering of the company's shares....

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