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Securities

Sep. 3, 2009

Claims Against Biotech's Executives Clear Hurdle

A judge has allowed several complaints to move forward accusing a defunct technology company's executives of misleading investors while its founder allegedly ran the company into the ground with a drug addiction and other vices.

By Dhyana Levey
Daily Journal Staff Writer

SAN FRANCISCO - A San Francisco judge allowed several complaints to move forward in a case accusing a defunct technology company's executives of misleading investors while its founder allegedly ran the company into the ground with a drug addiction and other vices.

A team of defense attorneys representing Pay By Touch founder John Rogers, the company's board members and executives, and underwriter UBS Secu...

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