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Investors Say Chancery Wrong To OK $3.8B Ligand Note Fix

By Jeff Montgomery (January 8, 2020, 6:20 PM EST) -- An attorney for traders fighting over a disputed formula for cashing in Ligand Pharmaceuticals Inc. notes told Delaware's Supreme Court on Wednesday that the Chancery Court disregarded multiple investor protections when it allowed Ligand to unilaterally fix its potential $3.75 billion blunder....

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