Despite verdict, Acadia stock doesn't take hit.(Acadia Pharmaceuticals Inc.)

San Diego Business Journal | September 5, 2005| | Copyright

Acadia Pharmaceuticals, Inc.'s stock has been untainted despite a recent verdict that found the San Diego biotech, including one of its top executives, guilty of sexually harassing a former employee.

However, the company is concerned about the economic impact of the ensuing legal battle, apparent in a Securities and Exchange Commission report filed the day of the verdict. The Aug. 24 decision requires the company to pay $6.1 million to former Acadia scientist Audra Scully, 36. The company's insurance policy, which the firm has said it may use to pay part of its legal ...

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