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SILVERSTRAND INVESTMENTS v. AMAG PHARMACEUTICALS

Civil Action No. 10-10470-NMG.

12 F.Supp.3d 241 (2014)

SILVERSTRAND INVESTMENTS, Briarwood Investments, Inc. and Safron Capital Corporation, Plaintiffs, v. AMAG PHARMACEUTICALS, INC., et al., Defendants.

United States District Court, D. Massachusetts.

Signed April 7, 2014.

Attorney(s) appearing for the Case

Betsy L. Ehrenberg , Pyle Rome Ehrenberg PC, Boston, MA, Mark S. Hamill , Jack G. Fruchter , Mitchell M.Z. Twersky , Ximena R. Skovron , Abraham, Fruchter & Twersky, LLP, New York, NY, Takeo A. Kellar , Ian D. Berg , Abraham, Fruchter & Twersky, LLP, San Diego, CA, for Plaintiffs.

Angela L. Dunning , John C. Dwyer , Karen L. Burhans , Cooley LLP, Palo Alto, CA, Robert B. Lovett , Courtney A. Caruso , Elizabeth C. Inglis , Cooley LLP, Boston, MA, David S. Godkin , Andrew A. Caffrey, III , Birnbaum & Godkin, LLP, Boston, MA, Sameer Advani , Tariq Mundiya , Wilkie Farr & Gallagher LLP, New York, NY, for Defendants.

MEMORANDUM & ORDER

GORTON, District Judge.

This complex case concerns the alleged failure of a pharmaceutical company, AMAG Pharmaceuticals, Inc. ("AMAG"), to disclose material defects pertaining to its pharmaceutical drug, Feraheme, prior to a public offering of its stock. Based on that alleged failure to disclose, a group of investment firms (collectively, "plaintiffs") brought suit under §§ 11, 12 and 15 of the Securities Act of 1933 ("Securities...

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