Ceragenix Whistleblower Takes $10M Suit To Colorado

Law360, New York (September 16, 2011, 6:34 PM EDT) -- A former pharmaceutical executive's quest for payback from his bankrupt employer was moved to Colorado on Friday as he seeks to recover at least $10.1 million in damages for losing his job shortly after he alleged his bosses were breaking securities laws.

Carl Genberg, former head of research and development of Colorado-based Ceragenix Pharmaceuticals Inc., is suing his former boss, CEO Steven Porter, for allegedly firing him, withholding pay and defaming him in a complaint filed in Nevada federal court in July. The case was moved...
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