11. Here, the Trustee asserts that the former Directors and Officers of the Debtors who are parties to the Settlement Agreement breached their fiduciary duty by causing Immune to enter into convertible debentures and other obligations after it had become insolvent, failing to authorize and register sufficient common shares to enable conversion of the Debenture, and negotiating to transfer corporate assets including Ceplene and Bertilimumab to insiders. Am. Compl.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.