A federal judge in Dallas, Texas, has dismissed a lawsuit by investors in the bankrupt Palmaz Scientific against investment bank Jefferies & Co. Co-founded by coronary stent pioneer Dr. Julio Palmaz in 2008, San Antonio-based Palmaz Scientific tapped Jefferies for a $7.5 million fundraising round in 2010, according to a previous ruling. The investors claimed […]
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Palmaz Scientific investors lose in federal court
A federal judge in Dallas, Texas has dealt investors in the bankrupt Palmaz Scientific another blow, tossing five of their negligence claims against investment bank Jefferies & Co. Co-founded by coronary stent pioneer Dr. Julio Palmaz in 2008, San Antonio-based Palmaz Scientific tapped Jefferies for a $7.5 million fundraising round in 2010, according to the […]