Isolagen Underwriters Ask Judge For Reconsideration

Law360, New York (October 12, 2007, 12:00 AM EDT) -- The underwriters of an initial public offering of Isolagen Inc. stock have asked a judge to reconsider a previous decision to not dismiss them from a proposed securities class action lawsuit.

In court documents filed Thursday with the U.S. District Court for the Eastern District of Pennsylvania, CIBC World Markets Corp., Canaccord Adams Inc., UBS Securities LLC and Citigroup Global Markets Inc. reiterated their argument that the lead plaintiffs in the case lacked standing because they did not purchase securities in the secondary or convertible notes...
To view the full article, register now.