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FRATER v. HEMISPHERX BIOPHARMA, INC.

No. 2:12-cv-07152-WY.

996 F.Supp.2d 335 (2014)

Stephanie FRATER, Individually and On Behalf Of All Others Similarly Situated, Plaintiffs, v. HEMISPHERX BIOPHARMA, INC., William A. Carter, David Strayer, and Wayne Pambianchi, Defendants.

United States District Court, E.D. Pennsylvania.

January 24, 2014.

Attorney(s) appearing for the Case

Casey Matthew Preston, Cohen Milstein Sellers & Toll, Ira Neil Richards, Schnader Harrison Segal & Lewis LLP, Michael D. Donovan, Donovan Axler LLC, Philadelphia, PA, Jeremy A. Lieberman, Pomerantz Haudek Grossman & Gross LLP, New York, NY, Joshua B. Silverman,

Louis C. Ludwig, Mark B. Goldstein, Patrick V. Dahlstrom, Pomerantz Haudek Block Grossman And Gross, Chicago, IL, for Plaintiffs.

Robert L. Hickok, Alejandro J. Salicrup, Gay Barlow Parks Rainville, Michele Crimaldi Zarychta, Pepper Hamilton LLP, Philadelphia, PA, for Defendants.

MEMORANDUM

YOHN, District Judge.

This is a consolidated class action in which plaintiffs are shareholders or former shareholders of Hemispherx Biopharma, Inc. ("Hemispherx"). Plaintiffs claim securities fraud under § 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 thereunder against Hemispherx; its President and Chairman of the Board Dr. William A. Carter; its Medical Director and Chief Medical Officer David Strayer; and...

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