Pozen Class Action Lawsuit On August 10, 2007, a class action lawsuit was filed in the United States District Court for the Middle District of North Carolina against POZEN Inc. . The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price. The class period is from July 31, 2006 through August 1, 2007. Read the rest of this entry »