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  4. CytoDyn Inc (CYDY) Message Board

DOJ and SEC investigate countless companies, many

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Post# of 155444
(Total Views: 767)
Posted On: 08/03/2021 2:41:45 PM
Posted By: PatientLong
DOJ and SEC investigate countless companies, many of which never result in any enforcement action. They often act on tips and referrals - possibly from someone at the FDA here, but we will likely never know that.

This is my legal practice - representing companies investigated by these government entities. When these entities discover that what company leaders have been stating publicly is actually true, I expect they will not pursue things further. Unless they find some type of trading activity that was based on material nonpublic information. You can never be sure a charge won't occur, but a person should not read into the fact that a company simply received subpoenas, since it is a common occurrence.

Knowing the science as well as I do based on multiple years as a shareholder of CYDY, and with the help of the good doctors at the company and on this board, I am still long and strong. Everyone has their own risk tolerance though and should of course act accordingly.

All in my opinion of course. GLTU all.


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