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By Staff writer |
October 11, 2005
WASHINGTON (HedgeWorld.com)--The Federal Trade Commission announced that Scott Sacane, founder of the biotech-equity hedge fund Durus Life Sciences Master Fund Ltd., has agreed to pay a civil penalty to settle a complaint filed Monday (Sept. 26) in federal district court. The complaint, brought by the U.S. Department of Justice at...
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By Staff writer |
August 24, 2004
BRIDGEPORT, Conn. (HedgeWorld.com)--A short seller, Hal O. Collier, has brought a complaint in the federal district court for Connecticut against Scott Sacane, the hedge fund manager who bought a majority stake in two health care industry companies last year without having made the required Securities and Exchange Commission filings. ...
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By Staff writer |
January 26, 2004
ANN ARBOR, Mich. (HedgeWorld.com)--Esperion Therapeutics Inc., settled its civil lawsuit against Durus Life Sciences Master Fund Ltd., three weeks after Esperion agreed to be acquired...
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By Staff writer |
November 4, 2003
WESTMINSTER, Colo. (HedgeWorld.com)--Durus Life Sciences Master Fund Ltd. and its manager Durus Capital Management, Norwalk, Conn., settled claims with a biotechnology company it had invested...
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By Staff writer |
October 28, 2003
LINCOLNSHIRE, Ill. (HedgeWorld.com)--Aksys Ltd., a manufacturer of biomedical devices, has entered into a standstill with Durus Life Sciences Master Fund Ltd., part of a group...