American Pharmaceutical Partners Inc. Class Action Denied

American Pharmaceutical Partners Inc. A securities class action lawsuit brought against the company has been dropped. The plaintiffs originally sought compensation for false and misleading information regarding financial statements about Abraxane, a breast cancer treatment medication. The class included investors who purchased American Pharmaceutical Partners' stock from Feb. 19, 2002, to Oct. 6, 2003. (Mar-14-05) [FORBES]

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