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1st Circ. Won't Revive Karyopharm Investors' Stock-Drop Suit

By Dave Simpson ( August 5, 2022, 9:18 PM EDT) -- The First Circuit won't revive a putative securities fraud class action claiming that Karyopharm Therapeutics Inc. executives gave an overly rosy assessment of negative drug trial results, ruling Friday that investors failed to plausibly allege that the drugmaker materially misrepresented those results....

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