Neuralstem Worker Tipped Partner to Trial Results, SEC Says (1)

June 7, 2021, 9:06 PM UTC

A former project manager for Neuralstem Inc. was accused by federal securities regulators of tipping off her partner to the negative results of a clinical trial for an antidepressant the company was developing, allowing him and his uncle to dump their shares before the news was announced.

Holly Hand, 35, was a senior project manager for clinical trials at Neuralstem in July 2017 when she allegedly tipped off Chad Calice to the negative results of a trial for NSI-189, an antidepressant that was one of the company’s main drugs under development, according to a lawsuit filed by the Securities and ...

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