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  4. CytoDyn Inc (CYDY) Message Board

Goosebumps, Final settlement of that case is to

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Post# of 155592
(Total Views: 684)
Posted On: 03/20/2021 7:18:28 AM
Posted By: CTMedic
Re: Goosebumps #83725
Goosebumps,

Final settlement of that case is to occur April 19.

“ VII. WHEN WILL THE SETTLEMENT HEARING TAKE PLACE AND WHAT WILL HAPPEN IF THE SETTLEMENT IS APPROVED?
The Court has scheduled a Settlement Hearing to be held on April 19, 2021 at 1:30 pm ET by Zoom.
At the Settlement Hearing, the Court will consider whether the Settlement, on the terms and conditions provided for in the Stipulation is fair, reasonable, and adequate and in the best interests of CytoDyn and its current stockholders, and thus should be finally approved; whether other relief (if any) sought by any other person should be granted; and whether the Action should be dismissed with prejudice by entry of the Judgment pursuant to the Stipulation. The Court will also hear and resolve objections, if any, to the Settlement or any other requests for relief, and rule on such other matters as the Court may deem appropriate.”


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