Tag Archives: Air Hassan Carrie Cox American Air Parody Image Pharmacia Merck Payouts Manson 08-397 May 17 2009

Carrie Cox’s Name Comes Up, Again. . . . Ignominiously

. . .This time, in the opinion Judge Cavanaugh issued this afternoon, in the ENHANCE federal securities law putative class action litigation, filed under the case name Manson (Case No. 08-397). In this afternoon’s opinion, the Court pointed out that the plaintiffs had at least pled a good insider trading case against Ms. Cox — that language appears immediately below (from page 11 of the PDF File):

. . . .Plaintiffs have adequately stated a claim under Section 20A. First, the Court has already held that the Complaint properly alleges a predicate violation of Section 10(b) against both Cox and Schering and a violation of Section 20(a) against Cox. Additionally, with respect to Cox, the Complaint pleads with particularity that Cox sold stock options and common stock valued at over $28 million while possessing material, non-public information about the ENHANCE study results. See 15 U.S.C. § 78t-1(a). With respect to Schering, the Court finds that the Complaint states a viable claim for “tipping” because it alleges that Schering communicated the results of the ENHANCE study to Cox and other company executives at certain meetings while failing to disclose that information to investors. See 15 U.S.C. § 78t-1(c). Accordingly, the Exchange Act Defendants’ motion to dismiss the Section 20A claims against Cox and Schering-Plough is also denied. . . .

This one’s going to get woolier, before it’s shorn.

I Promised A Reader This — A Matching Air Hassan Parody: Carrie Cox

A bit ago, on CafePharma, an anonymous commenter asked me to mock up a ’70s-style stewardess photoshop, of Carrie Smith Cox — lately flying on Air Hassan (another reader gently reminded me again, over here). Schering-Plough’s Annual Shareholders’ Meeting Day 2009 seemed an appropriate day to oblige. An earlier, rather crude attempt — was fairly judged (by me), an abject failure. No — really — don’t bother clicking that link. I am, on the other hand, a little happier with this one, so I’ll go ahead and post it — do click it, to see full size — and read the ad copy:

I am still working on one other — with white go-go boots, and orange mini-skirts. . . I may never finish it; but then again, I just might.

. . . .Payments to Ms. Cox upon termination after change of control: $23,364,614 [plus at least another $28 million gross, or about $11 million, net — of course]. . . .

Yes, Air Hassan has trained her quite well — be loyal; get paid — and never, ever ask the “hard” questions. First, Pharmacia, then Schering-Plough — is Merck next? We’ll see.