June 1, 2020 / 7:36 AM / a month ago

BRIEF-Oasmia Pharmaceutical Enters Into Settlement Agreement

June 1 (Reuters) - Oasmia Pharmaceutical AB:

* OASMIA PHARMACEUTICAL HAS ENTERED INTO A SETTLEMENT AGREEMENT IN US CLASS ACTION

* ANNOUNCES IT HAS ENTERED INTO A COMPREHENSIVE SETTLEMENT AGREEMENT WITH PLAINTIFFS IN A CLASS ACTION FILED AGAINST COMPANY IN UNITED STATES IN 2019

* A FINAL NON-APPEALABLE CLOSURE OF THIS COURT ACTION IS EXPECTED WITHIN ONE OR A FEW MONTHS

* ASSESSES ALTOGETHER THAT SETTLEMENT WILL NOT HAVE ANY SIGNIFICANT IMPACT ON COMPANY’S FINANCIAL OR CASH FLOW STATUS

* CO DOES NOT INTEND TO DISCLOSE ANY FURTHER SPECIFIC UPDATES REGARDING CONTINUED CLOSURE OF THIS LITIGATION Source text for Eikon: Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below