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Friday, June 21, 2024 | Back issues
Courthouse News Service Courthouse News Service

Beaver County Employers Retirement Fund v. Avalanche Biotechnologies Inc.

Shares are trading at 86 percent below what they went for in Avalanche's $163 million second offering, building on a $102 million IPO the year before, because the macular-degeneration treatment it had hyped was a total bust, shareholders claim.

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