Pharma Co. Inks $7M Deal To End Investor's Cancer Study Suit

By Emilie Ruscoe · June 2, 2026, 5:42 PM EDT

A Spectrum Pharmaceuticals Inc. investor has asked a New York federal court to approve a $7 million deal resolving class action claims alleging the drugmaker overstated its regulatory prospects for winning...

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Case Information

Case Title

Ayoub, et al v. Spectrum Pharmaceuticals, Inc. et al

Case Number

1:22-cv-10292

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

December 05, 2022