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Case Study: Relmada Therapeutics

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Case Study: Relmada Therapeutics
Relmada Therapeutics, a company developing new therapies for chronic pain, recently amended a lawsuit that they had filed in Nevada's federal district court against Laidlaw & Company. Laidlaw was Relmada's investment banker and financial advisor, and now Relmada is claiming that Laidlaw disclosed confidential information that it obtained as the company's investment banker. A temporary restraining order was previously issued by the Nevada court against Laidlaw and Matthew Eitner and James Ahern, Laidlaw's Chief Executive Officer and Managing Partner and Head of Capital Markets, to keep them from releasing further misleading and incorrect proxy materials. Now Relmada wants to recover damages from Laidlaw's actions, which Remlada claims damaged
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