Dan Byrnes illegally put $225,000 dollars from a pension plan into Sarissa in a private placement; it was a New York State pension plan.
The New York State took Dan to court and he was issued a $304,000 fine and was permanently banned from being a fiduciary in New York State ever again.
Dan, of course, never paid the fine and is still running form authorities last I heard.
On March 31, 2020 Sarissa shareholders held a shareholders meeting where 3-1 the shareholders turfed Dan out and put in new, proper directors.
Dan didn't quit there, he sued SRSR saying the meeting was illegally held; the Nevada court threw out Dan's appeal in February 2021.
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