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    • DIRECTORS AND OFFICERS—S.D.N.Y.: Court rejects Axsome derivative contribution claim
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    Securities Regulation Daily Wrap Up, DIRECTORS AND OFFICERS—S.D.N.Y.: Court rejects Axsome derivative contribution claim, (Oct 20, 2026)

    Law Firms Mentioned:Gainey McKenna & Egleston | Morgan, Lewis & Bockius LLP

    By Suzanne Cosgrove

    A related class action failed to find a securities law violation, and its pre-judgment settlement discharged the defendants from contribution claims.

    The U.S. District Court for the Southern District of New York granted a motion to dismiss an Axsome T ...

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