On October 8, 2009
Madness at Sequenom: Interim CEO Gets a Pay Rise; Stock Rises 18%
Sequenom just announced that all its data is bogus. It is under investigation by the SEC, NASDAQ, the U.S. Attorney’s Office and the FBI. The board has fired the CEO, the R&D chief, the CFO, the commercial ops chief and two other execs. The Down Syndrome test development program now has to start over, from scratch. What do you do?
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