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CytRx Settles Investor Claims Over 'Spring-Loaded' Options

By Matt Chiappardi (June 2, 2015, 4:25 PM EDT) -- Biopharmaceutical firm CytRx Corp.'s brass agreed late Monday to settle derivative claims over alleged "spring-loaded" stock options with a deal to reprice most of the options board members were accused of giving themselves before positive clinic trial results for one of its major drugs were made public....

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