9th Circ. Revives Dismissal Bid In Amyris Shareholder Suit
By Henrik Nilsson ( November 13, 2023, 10:35 PM EST) -- The Ninth Circuit on Monday partly revived a bid to dismiss a derivative shareholder suit alleging an Amyris director made short-swing profits following transactions with the biotech company, saying the lower court erred in holding that Amyris' board had to approve the transactions for the specific purpose of exempting itself from liability....
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