{"id":459289,"date":"2021-03-16T21:03:18","date_gmt":"2021-03-17T01:03:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=459289"},"modified":"2021-03-16T21:03:18","modified_gmt":"2021-03-17T01:03:18","slug":"cytodyn-alert-bragar-eagel-squire-p-c-is-investigating-cytodyn-inc-on-behalf-of-cytodyn-stockholders-and-encourages-investors-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cytodyn-alert-bragar-eagel-squire-p-c-is-investigating-cytodyn-inc-on-behalf-of-cytodyn-stockholders-and-encourages-investors-to-contact-the-firm\/","title":{"rendered":"CYTODYN ALERT: Bragar Eagel &amp; Squire, P.C. is Investigating CytoDyn, Inc. on Behalf of CytoDyn Stockholders and Encourages Investors to Contact the Firm"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>CYTODYN ALERT: Bragar Eagel &amp; Squire, P.C. is Investigating CytoDyn, Inc. on Behalf of CytoDyn Stockholders and Encourages Investors to Contact the Firm<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBragar Eagel &amp; Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against CytoDyn, Inc. (Other OTC: CYDY) on behalf of CytoDyn stockholders. Our investigation concerns whether CytoDyn has violated the federal securities laws and\/or engaged in other unlawful business practices.\n<\/p>\n<p>\nClick <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbespc.com%2Fcases%2FCYDY&amp;esheet=52396967&amp;newsitemid=20210316005943&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=54d021aa36e1dee3b77a2454e79090c4\">here<\/a> to participate in the action.\n<\/p>\n<p>\nOn March 5, 2021, CytoDyn issued a press release providing an update on its product \u201cVyrologix (leronlimab-PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications.\u201d The press release stated, in part, that \u201cthe Phase 3 trial of leronlimab for the treatment of severe-to-critical patients with COVID-19 demonstrated continued safety, substantial improvement in the survival rate, and faster hospital discharge in critically ill COVID-19 patients.\u201d Although the press release touted purportedly positive results, industry observers and analysts quickly characterized the Company\u2019s press release as misleading. For example, on March 8, 2021, <i>Seeking Alpha <\/i>published an article by Paul Santos entitled \u201cCytoDyn: Parsing Failure.\u201d The article asserted that CytoDyn\u2019s \u201cleronlimab Phase 3 trial on COVID-19 severe-to-critical patients failed . . . to meet both its primary endpoint and all secondary endpoints with any statistical significance\u201d and described the Company as having effectively \u201cburied\u201d the results in its press release. Santos noted that \u201c[a] normal biotech company would have stated this clearly, both in its PR titles and in their text bodies. CytoDyn, however, did something else.\u201d\n<\/p>\n<p>\nAs the market digested the actual significance of CytoDyn\u2019s announcement, the Company&#8217;s stock price fell $1.70 per share, or 41.98%, over the following two trading sessions, closing at $2.35 per share on March 9, 2021.\n<\/p>\n<p>\nIf you purchased or otherwise acquired CytoDyn shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker, Melissa Fortunato, or Marion Passmore by email at <a rel=\"nofollow\" href=\"mailto:investigations@bespc.com\">investigations@bespc.com<\/a>, telephone at (212) 355-4648, or by <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbespc.com%2Fcases%2FCYDY&amp;esheet=52396967&amp;newsitemid=20210316005943&amp;lan=en-US&amp;anchor=filling+out+this+contact+form&amp;index=2&amp;md5=89a4ffccd09947ff9fddc33de8afa0db\">filling out this contact form<\/a>. There is no cost or obligation to you.\n<\/p>\n<p><b>About Bragar Eagel &amp; Squire, P.C.:<\/b><\/p>\n<p>\nBragar Eagel &amp; Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bespc.com&amp;esheet=52396967&amp;newsitemid=20210316005943&amp;lan=en-US&amp;anchor=www.bespc.com&amp;index=3&amp;md5=929d7de3056dab984d853892e0f90fee\">www.bespc.com<\/a>. Attorney advertising. Prior results do not guarantee similar outcomes.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210316005943r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210316005943\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210316005943\/en\/<\/a><\/span><\/p>\n<p>\nBragar Eagel &amp; Squire, P.C.<br \/>\n<br \/>Brandon Walker, Esq.<br \/>\n<br \/>Melissa Fortunato, Esq.<br \/>\n<br \/>Marion Passmore, Esq.<br \/>\n<br \/>(212) 355-4648<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investigations@bespc.com\">investigations@bespc.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bespc.com&amp;esheet=52396967&amp;newsitemid=20210316005943&amp;lan=en-US&amp;anchor=www.bespc.com&amp;index=4&amp;md5=a44572a332f018ebc7313f025fc7dd74\">www.bespc.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210316005943\/en\/538768\/3\/BES_Mark.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>CYTODYN ALERT: Bragar Eagel &amp; Squire, P.C. is Investigating CytoDyn, Inc. on Behalf of CytoDyn Stockholders and Encourages Investors to Contact the Firm NEW YORK&#8211;(BUSINESS WIRE)&#8211; Bragar Eagel &amp; Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against CytoDyn, Inc. (Other OTC: CYDY) on behalf of CytoDyn stockholders. Our investigation concerns whether CytoDyn has violated the federal securities laws and\/or engaged in other unlawful business practices. Click here to participate in the action. On March 5, 2021, CytoDyn issued a press release providing an update on its product \u201cVyrologix (leronlimab-PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications.\u201d The press release stated, in part, that \u201cthe Phase 3 trial of leronlimab for &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cytodyn-alert-bragar-eagel-squire-p-c-is-investigating-cytodyn-inc-on-behalf-of-cytodyn-stockholders-and-encourages-investors-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CYTODYN ALERT: Bragar Eagel &amp; Squire, P.C. is Investigating CytoDyn, Inc. on Behalf of CytoDyn Stockholders and Encourages Investors to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-459289","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CYTODYN ALERT: Bragar Eagel &amp; Squire, P.C. is Investigating CytoDyn, Inc. on Behalf of CytoDyn Stockholders and Encourages Investors to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cytodyn-alert-bragar-eagel-squire-p-c-is-investigating-cytodyn-inc-on-behalf-of-cytodyn-stockholders-and-encourages-investors-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CYTODYN ALERT: Bragar Eagel &amp; Squire, P.C. is Investigating CytoDyn, Inc. on Behalf of CytoDyn Stockholders and Encourages Investors to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CYTODYN ALERT: Bragar Eagel &amp; Squire, P.C. is Investigating CytoDyn, Inc. on Behalf of CytoDyn Stockholders and Encourages Investors to Contact the Firm NEW YORK&#8211;(BUSINESS WIRE)&#8211; Bragar Eagel &amp; Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against CytoDyn, Inc. (Other OTC: CYDY) on behalf of CytoDyn stockholders. Our investigation concerns whether CytoDyn has violated the federal securities laws and\/or engaged in other unlawful business practices. Click here to participate in the action. On March 5, 2021, CytoDyn issued a press release providing an update on its product \u201cVyrologix (leronlimab-PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications.\u201d The press release stated, in part, that \u201cthe Phase 3 trial of leronlimab for &hellip; Continue reading &quot;CYTODYN ALERT: Bragar Eagel &amp; Squire, P.C. is Investigating CytoDyn, Inc. on Behalf of CytoDyn Stockholders and Encourages Investors to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cytodyn-alert-bragar-eagel-squire-p-c-is-investigating-cytodyn-inc-on-behalf-of-cytodyn-stockholders-and-encourages-investors-to-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-17T01:03:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210316005943r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cytodyn-alert-bragar-eagel-squire-p-c-is-investigating-cytodyn-inc-on-behalf-of-cytodyn-stockholders-and-encourages-investors-to-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cytodyn-alert-bragar-eagel-squire-p-c-is-investigating-cytodyn-inc-on-behalf-of-cytodyn-stockholders-and-encourages-investors-to-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CYTODYN ALERT: Bragar Eagel &amp; 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(Other OTC: CYDY) on behalf of CytoDyn stockholders. Our investigation concerns whether CytoDyn has violated the federal securities laws and\/or engaged in other unlawful business practices. Click here to participate in the action. On March 5, 2021, CytoDyn issued a press release providing an update on its product \u201cVyrologix (leronlimab-PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications.\u201d The press release stated, in part, that \u201cthe Phase 3 trial of leronlimab for &hellip; Continue reading \"CYTODYN ALERT: Bragar Eagel &amp; Squire, P.C. is Investigating CytoDyn, Inc. on Behalf of CytoDyn Stockholders and Encourages Investors to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cytodyn-alert-bragar-eagel-squire-p-c-is-investigating-cytodyn-inc-on-behalf-of-cytodyn-stockholders-and-encourages-investors-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-17T01:03:18+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210316005943r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cytodyn-alert-bragar-eagel-squire-p-c-is-investigating-cytodyn-inc-on-behalf-of-cytodyn-stockholders-and-encourages-investors-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cytodyn-alert-bragar-eagel-squire-p-c-is-investigating-cytodyn-inc-on-behalf-of-cytodyn-stockholders-and-encourages-investors-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CYTODYN ALERT: Bragar Eagel &amp; 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