Member Sean Prosser was quoted by Law360 in an article about a suit alleging that the founder of Y-mAbs Therapeutics Inc., Thomas Gad, realized more than $2.5 million in “short-swing profits” after he exchanged shares in a holding company for Y-mAbs shares. The court awarded summary judgement in Mr. Gad's favor earlier this week. 

Sean, who represented Mr. Gad in the proceedings, said: "We are very happy with the decision and gratified that Judge Failla carefully evaluated all of the relevant facts and complex transactions at issue in this matter. Mr. Gad is looking forward to putting this matter behind him."

Source

Law360