CytoDyn Reaches Settlement in Securities Class Action Lawsuit

Reuters

2025/12/01

CytoDyn Reaches Settlement in Securities Class Action Lawsuit

CytoDyn Inc. has reached an agreement in principle to resolve a securities class action lawsuit that was initially filed in March 2021 against the company and certain former officers. The case, pending in the United States District Court for the Western District of Washington and titled Courter et al. v. CytoDyn Inc. et al., is subject to final court approval. The settlement is expected to provide clarity and finality for the company and its stakeholders. CytoDyn stated that resolving the litigation allows the company to focus on advancing its clinical development programs, including new Phase II studies for leronlimab in metastatic colorectal cancer and metastatic triple-negative breast cancer. Additional information has been included in the company's filings with the Securities and Exchange Commission.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CytoDyn Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9593982-en) on December 01, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CytoDyn Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9593982-en) on December 01, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NDAQ","symbol_name":"纳斯达克OMX交易所","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251201:nNDL65ywfw:1","article_id":"2588786557","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588786557","pubTimestamp":1764595811,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CytoDyn Inc. has reached an agreement in principle to resolve a securities class action lawsuit that was initially filed in March 2021 against the company and certain former officers. 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The case, pending in the United States District Court for the Western District of Washington and titled Courter et al. v. CytoDyn Inc. et al., is subject to final court approval. The settlement is expected to provide clarity and finality for the company and its stakeholders. CytoDyn stated that resolving the litigation allows the company to focus on advancing its clinical development programs, including new Phase II studies for leronlimab in metastatic colorectal cancer and metastatic triple-negative breast cancer. Additional information has been included in the company's filings with the Securities and Exchange Commission.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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