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IN RE GALENA BIOPHARMA, INC. DERIVATIVE LITIGATION

Case No. 3:14-cv-382-SI.

83 F.Supp.3d 1033 (2015)

In re GALENA BIOPHARMA, INC. DERIVATIVE LITIGATION.

United States District Court, D. Oregon.

Signed February 4, 2015.

Attorney(s) appearing for the Case

Christopher A. Slater , Michael J. Ross , Slater Ross, Portland, OR, Robert B. Weiser , Brett D. Stecker , Jeffrey J. Ciarlanto , The Weiser Law Firm, P.C., Berwyn, PA, Kathleen A. Herkenhoff , The Weiser Law Firm, P.C., San Diego, CA, Michael J. Hynes , Ligaya Hernandez , Hynes Keller & Hernandez, LLC, King of Prussia, PA, Nadeem Faruqi , Faruqi & Faruqi, New York, NY, William B. Federman , Sara E. Collier , Federman & Sherwood, Oklahoma City, OK, for Plaintiffs.

Kristen Tranetzki , Angeli Ungar Law Group LLC, Portland, OR, Jonathan R. Tuttle, Debevoise & Plimpton LLP, Washington D.C., for Defendant, Mark J. Ahn.

Robert L. Aldisert , Misha Isaak , Perkins Coie LLP, Portland, OR, for Defendants, Rudolph Nisi, Sanford Hillsberg, Steven Kriegsman, Stephen Galliker, Richard Chin, Mark Schwartz, Ryan Dunlap, and William Ashton.

Lois O. Rosenbaum , Stephen H. Galloway , Stoel Rives LLP, Portland, OR, Paul R. Bessette , Michael J. Biles , James P. Sullivan , King & Spalding LLP, Austin, TX, for Nominal Defendant, Galena Biopharma, Inc.

OPINION AND ORDER ON MOTION TO STAY

This shareholder derivative action is brought by shareholders ("Plaintiffs") of nominal defendant Galena Biopharma, Inc. ("Galena" or "Company"). Plaintiffs allege that certain members of Galena's Board of Directors ("Board") and executive officers of Galena (collectively...

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