Here is the sad part. At this point it is still guilty till proven innocent!

" At this point in a case, a judge essentially accepts everything in the (Plaintiff's) complaint as true"

" As the defendant, Cellceutix is tasked with providing facts that the Company and its officers did not do anything improper with respect to disclosing information, disclaimers, scienter or any other of the allegations. "

I think Sullivan did one hell of a good job with it.

I hope the incorrect venue argument shuts this farce down immediately. Neither Cellceutix nor the Plaintiff reside in NY.