Stiefel Labs Beats Former Exec Suit Claiming $40M Con

Law360, Miami (June 21, 2013, 8:42 PM EDT) -- A Florida federal judge granted summary judgment to Stiefel Laboratories Inc. on Friday, in a case brought against it by a former shareholder about his 2008 sale of shares back to the company, saying his claims were time-barred.

The pharmaceutical skin care company and its principal, Charles W. Stiefel, had previously moved unsuccessfully to have the case dismissed on a timeliness claim, but U.S. District Judge Robert N. Scola reversed that decision upon review of an amended complaint, finding plaintiff Robert MacKay had information that started...
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