Banker Describes Confidential Work In 'Shadow Trading' Trial

By Bonnie Eslinger (March 26, 2024, 10:21 PM EDT) -- An Evercore investment banker who worked on Medivation's 2016 sale to Pfizer testified Tuesday in the U.S. Securities and Exchange Commission's novel "shadow trading" trial, saying the defendant was involved in a confidential process that identified biopharma company Incyte as comparable to Medivation — information the defendant is accused of trading on....

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