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Anixa Directors Say Option Price, Patent News Not Related

By Vince Sullivan (March 22, 2019, 5:31 PM EDT) -- Anixa Biosciences Inc. directors told a Delaware Chancery Court judge Friday that an investor was incorrect to tie a repricing of employee stock options to a beneficial ruling on a company patent in his breach-of-duty suit against the board, and the lack of connection justifies a dismissal of his complaint....

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