CytoDyn Settles Investor Suit With $500K, 49M Shares

By Rachel Riley · March 20, 2026, 10:20 PM EDT

Biotechnology firm CytoDyn has agreed to dole out 49 million shares of common stock and pay $500,000 to end investors' proposed class action accusing the company of overstating the likelihood that...

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Case Information

Case Title

Courter et al v. CytoDyn Inc et al

Case Number

3:21-cv-05190

Court

Washington Western

Nature of Suit

Securities/Commodities

Date Filed

March 17, 2021