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Emergent Bio将支付4000万美元和解集体诉讼

2024-09-13 19:14

  • Emergent BioSolutions (NYSE:EBS) announced Friday it has agreed to pay $40M to settle a securities class action litigation pending in the U.S. District Court for the District of Maryland.
  • The litigation was initially filed in 2021, representing investors who purchased Emergent’s (EBS) common stock between March 10, 2020, and November 4, 2021.
  • The Gaithersburg, Maryland-based biotech was battling lawsuits filed by multiple plaintiffs over claims that the company and some of its current and former senior officers made false and misleading statements about its contract manufacturing capabilities related to COVID-19 shots.
  • Emergent (EBS) added that the proposed settlement does not include an admission of wrongdoing by the company or its current or former employees or executives. The settlement is subject to court approval.

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