BioZone Founder's $30M Suit Survives Forum Challenge

Law360, San Francisco (February 12, 2013, 7:54 PM EST) -- A California federal judge on Tuesday refused to toss a pharmaceutical company founder's $30 million lawsuit claiming BioZone Pharmaceuticals Inc.’s investors illegally stripped him of the company, saying the founder’s employment and stock-sale agreements with BioZone are too ambiguous to show the case could only be brought in New York court.  

When BioZone Laboratories founder Daniel Fisher sold shares in his company to investors with Brauser Honig Frost Group, the parties entered a stock-sale agreement and an employment agreement that would provide Fisher with a...
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