Score wrote:
Except that the estimate of 4 cents per share literally comes "postcard" from the law firm's settlement site sent out, which is at https://cytodynsecuritiessettlement.com/wp-co...Notice.pdf It
Quote:anyone quoting N cents per share is misleading on multiple counts.
Except that the estimate of 4 cents per share literally comes "postcard" from the law firm's settlement site sent out, which is at https://cytodynsecuritiessettlement.com/wp-co...Notice.pdf It
Quote:Pursuant to the Settlement, CytoDyn, on behalf of all Defendants, has agreed to provide to the Settlement Class total consideration of: (i) 49
million shares of CytoDyn common stock and (ii) $500,000 in cash, which, after deducting Court-awarded fees and expenses, notice and
administration costs, and taxes, will be allocated among Settlement Class Members who submit valid claims, in exchange for the Settlement and the release of all claims asserted in the Action and related claims. For additional information, please review the full Notice (“Notice”) available at www.CytoDynSecuritiesSettlement.com. If you are a Settlement Class Member, your pro rata share of the Settlement will depend on the number of valid claims submitted, and the number, size, and timing of your transactions in CytoDyn common stock during the Class Period. If all Settlement Class Members elect to participate in the Settlement, the estimated average recovery will be approximately $0.04 per eligible share of CytoDyn common stock (based on the closing price of the stock on March 16, 2026) before deducting any fees and expenses.
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