Ariad Pharmaceuticals Inc fka ARIA

[samuelshenry583]

I can understand why you no longer trust HB. He gave us a strong whiff, along with Jay LaMarche, with the AGTI fiasco.

This from a newsclip at the time:

"The controversy emerged late Friday when Ariad disclosed in a regulatory filing that four of its nine directors resigned on Dec. 1, citing “self-interested, combative and obstructionist actions” by Berger in the handling of a merger with a company subsidiary called Ariad Gene Therapeutics."

" In the letter, addressed to Berger, the resigning directors say they chose to leave after Berger recomposed the board “to allow your surrogates to control the Board’s decisions without regard to or even inviting our input, the removal of the vice chairman of the Board at a precipitously called meeting in which you knew we could not participate, your installation of a close personal family friend as lead director of the Board, and your determination to cause Ariad to breach agreements approved by the Board over your opposition.”