February 20, 2024
Colorado-based biotechnology company SomaLogic Inc. and a former co-founder of a company it purchased in 2022 have resolved a lawsuit over the executive's departure and the fate of 400,000 unvested shares, with a California federal judge dismissing the case for good on Friday.
November 28, 2023
A California federal judge has tossed a Colorado biotechnology company's counterclaims alleging fraud and negligent misrepresentation by a co-founder and technology chief of another firm it acquired for $35 million in 2022, but allowed the biotech's bid for declaratory relief regarding the executive's exit from the company to move forward.
August 22, 2023
A Colorado biotech company must face a lawsuit by a co-founder of a firm the biotech company bought in a $35 million deal, a California federal judge ruled Monday despite tossing the co-founder's bid for exemplary and punitive damages, as well claims against unknown defendants.
July 10, 2023
A Colorado biotech company and one of the founders of a California company it acquired in a $35 million merger are suing each other in dueling federal lawsuits over his departure from the biotech firm and how much he should be able to walk away with.