Update: 5AM Ventures Terminates Cheng Tan

Earlier this afternoon, we reported that Cheng Tang was still employed as a financial consultant to 5AM Ventures, despite having recently been charged by the SEC with insider trading. 5AM general counsel Paul Stone just called to say that the firm has now terminated its contract with Tang, after apprising its LPs of the situation....

4 November 2009•1 min read
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