Regarding the lawsuits filed against CYDY for secu
Post# of 154590
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Posted On: 06/27/2025 10:43:14 AM
Regarding the lawsuits filed against CYDY for securities fraud, each must be filed within 2 years of the plaintiff's discovery of the fraud and also no later than 5 years from the last culpable act by the defendant. The Refusal To File was issued just before the July 13, 2020 PR from CYDY, which was after a PR in May, 2020 announcing that the final parts of the BLA had been submitted.
In my opinion, and even though I lack the evidence relied upon for each claimant's allegations, the above datelines would appear to make compliance with the Statute of Limitations very challenging for any plaintiff.
I expect a temporary hit to the sp based on these suits, but I won't be losing any sleep over them.
In my opinion, and even though I lack the evidence relied upon for each claimant's allegations, the above datelines would appear to make compliance with the Statute of Limitations very challenging for any plaintiff.
I expect a temporary hit to the sp based on these suits, but I won't be losing any sleep over them.
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