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Norfolk Pension Fund wins class action against US pharmaceuticals company


By Natalie Tuck

Norfolk Pension Fund has won a class action against a US pharmaceuticals company, in which it was found liable for securities fraud.

Represented by Robbins Geller Rudman and Dowd LLP, the jury’s verdict against the defendants, Puma Biotechnology Inc (Puma), was the culmination of around four years of litigation and a three-week trial throughout which Norfolk Pension Fund served as the lead plaintiff on behalf of all defrauded investors


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