Innovation Pharmaceuticals Inc (IPIX)

[tykundegex]

Just read through the court's entire judgement. It's as scathing as the original attack was. A great read.

Below is a list of the section titles alone, from the court's ruling. It's hard to imagine a law firm so incompetent (or dishonest?) as to "fail" at every single one of the claims in their original filing.

Great victory for CTIX shareholders. Greater victory for the investment community overall.

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Defendants’ Request for Judicial Notice Is Granted in Part, and Plaintiff’s Request Is Denied as Moot

Plaintiff Fails to State a Claim for Securities Fraud

Defendants Are Not Liable for the False Statement in the Future Woman Article

Defendant Ehrlich Adequately Corrected the False Statement Made in Cellceutix’s 2009 Form 10-K

Plaintiff Has Failed to State a Claim Based on Defendants’ Statements Regarding Brilacidin

Plaintiff Has Failed to State a Claim Concerning Brilacidin’s Gram-Negative Coverage

Plaintiff Fails to State a Claim Regarding Brilacidin’s Antibiotic Properties

Plaintiff Fails to State a Claim Based on Defendants’ Statements Regarding Kevetrin

Plaintiff Fails to State a Claim Regarding Defendants’ Representation of p21 as a “Biomarker” in Clinical Trials for Kevetrin

Plaintiff Fails to State a Claim Regarding the Kevetrin Trial Patient’s Outcome

Plaintiff Fails to State a Claim Regarding Defendants’ Failure to Disclose Material Risks