IN RE STEMLINE THERAPEUTICS SECURITIES LITIGATION

17 Civ. 832 (PAC).

313 F.Supp.3d 543 (2018)

IN RE STEMLINE THERAPEUTICS, INC. SECURITIES LITIGATION.

United States District Court, S.D. New York.

Signed March 15, 2018.

Editors Note
Applicable Law: 15 U.S.C. § 78m(a)
Cause: 15 U.S.C. § 78m(a) Securities Exchange Act
Nature of Suit: 850 Securities / Commodities
Source: PACER


Attorney(s) appearing for the Case

Adam Ludlow, Daljit Singh & Kenneth Walsh, individually and on behalf of all others similarly situated, Lead Plaintiffs, represented by Jacob A. Goldberg , The Rosen Law Firm, P.A., Leah Heifetz , Mulholland & Knapp, LLP, Phillip C. Kim , The Rosen Law Firm P.A., Alexa J. Mullarky , Glancy Prongay & Murray LLP, Austin Patrick Van , Pomerantz LLP, Jeremy Alan Lieberman , Pomerantz LLP, Joseph Alexander Hood, II , Pomerantz LLP & Kara M. Wolke , Glancy Prongay & Murray LLP.

Kenneth Hedlund, Individually & Kenneth Hedlund, On Behalf of All Others Similarly Situated, Plaintiffs, represented by Phillip C. Kim , The Rosen Law Firm P.A.

Robert Braswell, individually and on behalf of all others similarly situated, Plaintiff, represented by Adam M. Apton , Levi & Korsinsky LLP, Christopher James Kupka , Levi & Korsinsky, LLP & Nicholas Ian Porritt , Levi & Korsinsky LLP.

Marion Beeler, Plaintiff, represented by Alexa J. Mullarky , Glancy Prongay & Murray LLP, Austin Patrick Van , Pomerantz LLP, Kara M. Wolke , Glancy Prongay & Murray LLP & Jeremy Alan Lieberman , Pomerantz LLP.

Stemline Therapeutics, Inc., Ivan Bergstein & David Gionco, Defendants, represented by Adam Michael Harris , Ropes & Gray, LLP, Amy D. Roy , Ropes & Gray LLP & Gregg L. Weiner , Ropes & Gray, LLP.

Kenneth Hoberman, Defendant, represented by Adam Michael Harris , Ropes & Gray, LLP & Gregg L. Weiner , Ropes & Gray, LLP.

Ron Bentsur, Eric L Dobmeier, Kenneth Zuerblis & Alan Forman, Defendants, represented by Amy D. Roy , Ropes & Gray LLP & Gregg L. Weiner , Ropes & Gray, LLP.

Jefferies LLC, Defendant, represented by Adam Selim Hakki , Shearman & Sterling LLP (NY) & Jeffrey D. Hoschander , Shearman & Sterling LLP (NY).


OPINION & ORDER

This is a securities case brought by buyers of stock in Stemline Therapeutics, Inc. ("Stemline"), which develops a highly sophisticated and complicated drug for the treatment of an otherwise fatal blood cancer. The buyers contend they were...

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