Innovation Pharmaceuticals Inc (IPIX)

[Areader]

Sanctions vs. Rosen/Kim possible now.

This letter was sent to me by the Chief Counsel of the Dept Disciplinary Committee, Supreme Court, Appellate Division, First Judicial Dept on 12/11/15, a few months after I filed a complaint against Rosen and Kim:

"As you know, there is pending litigation concerning allegations which are substantially similar to the material allegations of professional misconduct you have alleged here. In particular, the pending suit in the United States District Court, Southern District of New York, involves issues directly related to the substance of your complaint. We have found that a judicial determination of such matters is helpful to the Committee. Accordingly, we have determined to defer further investigation at this time. Please inform the Committee of any court decision or other event which may warrant immediate investigation. In addition, the Committee will periodically take steps to ascertain the status of the litigation. The Committee will notify you if it determines at a later date to re-activate the investigation."