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BRIEF-Vaxart Inc - Reached Settlement Stipulation To Resolve Claims Against Co

BRIEF-Vaxart Inc - Reached Settlement Stipulation To Resolve Claims Against Co

Reuters · 07/28/2022 08:25
BRIEF-Vaxart Inc - Reached Settlement Stipulation To Resolve Claims Against Co

- Vaxart Inc VXRT:

  • VAXART INC - REACHED SETTLEMENT STIPULATION TO RESOLVE CLAIMS AGAINST CO IN TWO SECURITIES CLASS ACTIONS

  • VAXART INC - PAYMENT IN SETTLEMENT AGREEMENT IS $12.02 MILLION, OF WHICH $2 MILLION WOULD BE CONTRIBUTED BY CO, AND REMAINDER BY CO'S INSURERS

  • VAXART INC - DURING THREE MONTHS ENDED JUNE 30, 2022, CO RECORDED $2 MILLION FOR THE MATTER IN ACCRUED LIABILITIES ON CONSOLIDATED BALANCE SHEET

Further company coverage: VXRT


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