r/Canadianstockpicks

▲ 155 r/Canadianstockpicks+95 crossposts

Most people who followed $CYDY remember March 30, 2021. The FDA publicly stated that CytoDyn's claims about leronlimab were "misleading and not supported by the data", no benefit was shown in COVID-19 treatment trials. The stock dropped 25%+ that day.

What happened afterward was a class action lawsuit covering investors who held $CYDY between March 27, 2020 and March 30, 2022.

A $500,000 settlement has been reached and terms are now submitted to the court for approval.

Who qualifies?

Anyone who held $CYDY during the class period and suffered losses from the alleged misrepresentations about leronlimab's effectiveness for HIV and COVID-19.

Can I still apply?

Yes, you can submit your application now and it will be processed once claims filing officially opens after court approval.

If you were damaged by this don't forget to check your eligibility. GL!

u/JuniorCharge4571 — 3 days ago

$RAIL $0.33

Every time some positive news drops on this company the stock falls. We got all the way to $0.90 then fell back into 52week low territory and no consolidation has taken over. Not sure where it goes from here but it did seem like a gem 💎 at the time.

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u/JeromePastal — 10 days ago