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Md. U.S. Attorney: Two Biotech CEOs Convicted in Securities Fraud Scheme
December 10, 2024
BALTIMORE, Maryland, Dec. 10 -- The office of the U.S. Attorney for the District of Maryland issued the following news release:

Greenbelt, Maryland - A federal jury in Maryland convicted two men yesterday for their roles in a scheme to lie to investors in CytoDyn Inc., a publicly traded biotechnology company based in Vancouver, Washington.

According to court documents and evidence presented at trial, Nader Pourhassan, 61, of Lake Oswego, Oregon, and Kazem Kazempour, 71, . . .

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