Now, what are they trying to do? They're trying
Post# of 148278
Quote:
Now, what are they trying to do?
They're trying to be idiots and succeeding. They flat out lied in their filing.
Quote:
Two stockholders in late-stage biotech venture CytoDyn Inc. sued the company in Delaware Chancery Court late Wednesday in a challenge to the company's "for cause only" restriction on director removals
From Cytodyn's bylaws -
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SECTION 6. Removal. Except as otherwise provided by law, the Board of Directors may remove any officer with or without cause by the affirmative vote of a majority of the directors then in office.