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Biotech / Medical : Immunomedics (IMMU) - moderated

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From: dorightbythem11/3/2025 11:47:08 PM
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Case 1:25-cv-03593 Document 1 Filed 11/02/25 Page 1 of 32

IN THE UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF MARYLAND

SOUTHERN DIVISION

AURINIA PHARMACEUTICALS INC., and

AURINIA PHARMA U.S., INC.,

Plaintiffs,

v.

Civil Action No.

1:25-cv-3593

___________

JURY TRIAL DEMANDED

GEORGE F. TIDMARSH,

Defendant.

COMPLAINT

Plaintiffs Aurinia Pharmaceuticals Inc. (“Aurinia”) and Aurinia Pharma U.S., Inc.

(“Aurinia US”), for their complaint against Defendant George F. Tidmarsh (“Dr. Tidmarsh”),

allege as follows:

NATURE OF THE ACTION

1. This is an action by Plaintiffs Aurinia and Aurinia US to hold Dr. Tidmarsh

accountable for false and defamatory statements he published about Plaintiffs and the voclosporin

drug they developed, market, and distribute.

2. Dr. Tidmarsh’s false and defamatory statements were the products of his

longstanding personal vendetta against Kevin Tang, who currently serves as Chair of the Board of

Aurinia and manages Tang Capital Partners, LP (“Tang Capital”), an investment fund that is

Aurinia’s largest shareholder. Dr. Tidmarsh’s vendetta against Mr. Tang began in 2019. In

November 2019, due to growing concerns over Dr. Tidmarsh’s management of La Jolla

Pharmaceutical Company (“La Jolla”), Mr. Tang, in his then-capacity as Chair of the Board of La

Jolla, asked Dr. Tidmarsh to resign his position as President, Chief Executive Officer (“CEO”),

storage.courtlistener.com
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