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Md. U.S. Attorney: Two Biotech Company Presidents Indicted in Maryland for Securities Fraud Schemes
December 21, 2022
BALTIMORE, Maryland, Dec. 21 -- The U.S. Attorney for the District of Maryland, Erek L. Barron, issued the following news release on Dec. 20, 2022:

A federal grand jury has returned an indictment charging Nader Pourhassan, age 59 of Lake Oswego, Oregon, and Kazem Kazempour, age 69, of Potomac Maryland, for their roles in schemes to defraud investors in CytoDyn Inc., a publicly traded biotechnology company based in Vancouver, Washington. Pourhassan was CytoDyn's president and CEO at . . .

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