Ex-Merrimack Director Hires Prominent Boston Lawyer to Fight Insider Trading Charges
A former Merrimack Pharmaceuticals employee who was charged with insider trading last month intends to fight the allegations, his new lawyer said Tuesday.
Songjiang Wang, a former director of statistical programming at Merrimack, was arrested and charged on Feb. 7 with repeatedly passing confidential information about the Cambridge biotech to a former director of biostatistics at Cambridge-based Akebia Therapeutics (Nasdaq: AKBA), who allegedly traded on the tips.
Songjiang Wang, a former director of statistical programming at Merrimack, was arrested and charged on Feb. 7 with repeatedly passing confidential information about the Cambridge biotech to a former director of biostatistics at Cambridge-based Akebia Therapeutics (Nasdaq: AKBA), who allegedly traded on the tips.