Two biotech CEOs convicted in fraud scheme involving COVID-19 drug

BALTIMORE, MD—Two CEOs were convicted by a federal jury in Maryland for a scheme to defraud investors about a drug being developed to treat HIV and COVID-19, according to the U.S. Department of Justice. Nader Pourhassan, 61, of Lake Oswego, Oregon, and Kazem Kazempour, 71, of Potomac, Maryland, were found guilty of the scheme involving CytoDyn Inc., a publicly traded […]

Two biotech company presidents indicted in Maryland for securities fraud schemes

UPDATE: Both CEOs have been convicted. Original story below… BALTIMORE, MD—Two biotech company presidents have been indicted in Maryland in connection with a securities fraud scheme. A federal grand jury has returned an indictment charging Nader Pourhassan, 59 of Lake Oswego, Oregon, and Kazem Kazempour, 69, of Potomac Maryland, for their roles in schemes to defraud investors in CytoDyn Inc., […]

Sexual Assault Evidence Kit Policy Committee submits 2022 annual report

BALTIMORE, MD—The Sexual Assault Evidence Kit (SAEK) Policy and Funding Committee has submitted its 2022 Annual Report, the fourth annual report since its creation in 2017. The Committee was established to create uniform, statewide policies regarding the collection, testing, and retention of medical forensic evidence in sexual assault cases and increase access to justice for sexual assault victims. The SAEK […]