Pharma Holdings Defendants Get 10 Days To Yield Docs

Law360, New York (June 10, 2011, 5:26 PM EDT) -- A federal judge in Florida on Friday gave Pharma Holdings Inc. and its principals, accused by regulators of cheating investors out of $5 million, 10 days to fully cooperate with pretrial document requests.

The defendants had provided some information requested by the U.S. Securities and Exchange Commission, U.S. Magistrate Judge Linnea R. Johnson said, declining to sanction the defunct drug supplier, its CEO Edward Klapp IV and his father, Chief Financial Officer Edward Klapp Jr.

"The judge denied most of the motion, including what we thought...
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