RE: Sierra question19 Mar 2019 22:42
The claim wasn't just against Sierra:
"Defendants (i) Sierra Oncology, Inc. (formerly ProNAi Therapeutics, Inc. and referred to herein as “Sierra”), (ii) Nick Glover, Sukhi Jagpal, Donald Parfet, Albert Cha, Nicole Onetto, Robert Pelzer, Peter Thompson, James Topper and Alvin Vitangcol (“Individual Defendants”), and (iii) Jefferies LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wedbush Securities Inc., and SunTrust Robinson Humphrey, Inc. (“Underwriter Defendants” and collectively with Sierra and the Individual Defendants, “Defendants”)."
This is possibly why the price increased today as the precise liability was known.
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