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Biopharma Co. Board Sued In Del. For Blocking Director Slate

Law 360

An investor has sued biopharmaceutical company AIM ImmunoTech Inc. and its three-member board in Delaware Chancery Court, claiming they unfairly prevented him from nominating new blood to join the company's brass.

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BakerHostetler Blasts 'Misguided' Subpoena In Board Battle

Law 360

BakerHostetler urged the Delaware Chancery Court on Friday to reject biopharmaceutical company AIM ImmunoTech Inc.'s s request for it to turn over documents in litigation over an alleged entrenchment effort by the company's board, calling the bid an "attempt to circumvent well-established case law precedent."

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BakerHostetler, Potter Anderson Trade Barbs In Board Battle

Law 360

BakerHostetler and Potter Anderson & Corroon have traded barbs over a now vacated motion to compel filed by AIM ImmunoTech Inc. in a Delaware Chancery Court case over an alleged entrenchment effort by its board, with BakerHostetler saying the biopharmaceutical company may deserve sanctions for bad litigation behavior.