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Shareholders Sue Carlsbad's Isis Pharmaceuticals

Shareholders filed a lawsuit against the company on Dec. 28, according to a report.

Shareholders filed a lawsuit against Carlsbad's Isis Pharmaceuticals claiming that investors were given "deceptively optimistic reports" on a drug, according to a North County Times report.

The lawsuit involves the drug Kynamro and was filed on Dec. 28, according to the newspaper.

Read the full report here.

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