CytRx Using Forum Flip-Flop To Stall Del. Case, Investors Say

By Jeff Montgomery (April 18, 2016, 11:43 PM EDT) -- Counsel for a class of Delaware-based investors in biopharmaceutical firm CytRx Corp. urged the Chancery Court to keep their derivative action moving on Monday, saying the case raises unprecedented questions about the rights of companies and their directors to waive their forum choices for lawsuits....

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