In re Adolor Corp. Derivative Litig., 2009 U.S. Dist. LEXIS 40360

In re Adolor Corp. Derivative Litig., 2009 U.S. Dist. LEXIS 40360

Defendant's motion to dismiss plaintiffs' complaint for failure to make the requisite demand was granted in a securities fraud case against a drug company. The complaint's allegations regarding the company's statements that drug trials were randomized and double-blinded amounted to disagreements over the proper methodology and conduct of clinical studies and were not sufficient to establish falsity for purposes of a Rule 10b-5 claim.
 
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