Novartis Faces $291M Trade Secrets Suit From Hedge Fund

By Elliot Weld ( August 7, 2025, 5:07 PM EDT) -- A hedge fund on Thursday accused Novartis, a former investment executive and the executive's longtime friend and business partner of scheming to steal its "innovative hedge fund strategy" after an investment deal between the biotech giant and the hedge fund went south. ...

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