Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. CytoDyn Inc (CYDY) Message Board

Just read the post 12(b)(6) Motion to dismiss…fi

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 155354
(Total Views: 516)
Posted On: 08/16/2021 11:39:38 PM
Posted By: onestepahead
Re: Joja #100421
Just read the post 12(b)(6) Motion to dismiss…first of all…Judges don’t like colorful language like “odious” in describing the opposite party…the first 11 pages read like an argument written by a novelist…second…the Defendants basic admit they gave false information but have now fixed their false statements…and be they started telling the truth…the Court should find the lawsuit moot…that’s like saying “ok…you caught us”….”but we fixed our lies so no need to sue us”…not a strong argument…I will admit they have some case law that is supportive…but the 12(b)(6) standard is very low…all Plaintiffs must do is “state a claim upon which relief can be granted”…the corrections by the Defendants in effect says the “Plaintiffs stated a claim…but we changed every so now they don’t”…not real strong…the real story is asking g the court not to let CYDY expedite discovery…and they say it also benefits CYDY be of their financial situation…what they are really saying is “don’t let them take our deposition before we can force a vote”…the Defense clearly doesn’t like to thought of CYDY’s lawyers getting documents and asking questions before a proxy vote…same game…hide…deceive…buy time…the Motion to Dismiss will be denied…discovery will move forward but maybe not expedited…and the Court will most likely allow CYD BoD to elect 2 new members…I will keep saying it…this is years of litigation…Defense wants a quick out…very doubtful they get it

Taken From YMB and I agree with what is said here


(6)
(1)




CytoDyn Inc (CYDY) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us