If what was reported is true, it is prima facia a regulation FD violation. Though the SEC does not define exactly what material information is, it does list several examples and earnings estimates is one.
Additionally, it would be totally clueless. LG an not possibly know what the UK plans are when the entire process has not yet been defined. And I seriously doubt the UK would be telling sponsors anything about other sponsor's drugs standing in the yet to be defined program.
And expecting a shirt squeeze? You got to be kidding me.
If LG said what was reported then he is either senile or outright lying.
I don’t even want to go into how I know those conversations happened People who had conversations , know very well they happened . Believe what you will. On the contrary what evidence do you have that they didn’t happen