Power3 Alleges Insider Trading by Two of its Largest Shareholders | GenomeWeb

This story originally ran May 6.

By Tony Fong

Protein biomarker firm Power3 Medical Products is suing two shareholders, alleging insider trading.

The lawsuit was filed on April 14 in United States District Court for the Southern District of Texas, located in Houston, and specifically claims that the shareholders, Richard Kraniak and Roger Kazanowski, illegally profited from insider information pertaining to Power3's acquisition of stem cell firm StemTronix.

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