{"id":470301,"date":"2021-04-01T22:08:33","date_gmt":"2021-04-02T02:08:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=470301"},"modified":"2021-04-01T22:08:33","modified_gmt":"2021-04-02T02:08:33","slug":"rosen-respected-investor-counsel-encourages-cytodyn-inc-investors-with-losses-to-secure-counsel-before-important-may-17-deadline-cydy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-encourages-cytodyn-inc-investors-with-losses-to-secure-counsel-before-important-may-17-deadline-cydy\/","title":{"rendered":"ROSEN, RESPECTED INVESTOR COUNSEL, Encourages CytoDyn Inc. Investors with Losses to Secure Counsel Before Important May 17 Deadline &#8211; CYDY"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">April 1, 2021<\/span> \/PRNewswire\/ &#8212; <b>WHY:<\/b> Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of CytoDyn Inc. (OTC: CYDY) between <span class=\"xn-chron\">March 27, 2020<\/span> and <span class=\"xn-chron\">March 9, 2021<\/span>, inclusive (the &#8220;Class Period&#8221;), of the important <b><span class=\"xn-chron\">May 17, 2021<\/span><\/b><b>lead plaintiff deadline<\/b>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg\" title=\"Rosen Law Firm, P.A. Logo\" alt=\"Rosen Law Firm, P.A. Logo\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>SO WHAT:<\/b>\u00a0If you purchased CytoDyn securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n<p>\n        <b>WHAT TO DO NEXT: <\/b>To join the CytoDyn class action, go to <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3117528-1&amp;h=3977772714&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2060.html&amp;a=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2060.html\" rel=\"nofollow noopener noreferrer\">http:\/\/www.rosenlegal.com\/cases-register-2060.html<\/a> or call <span class=\"xn-person\">Phillip Kim, Esq.<\/span> toll-free at 866-767-3653 or email <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a> or <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court <b>no later than <span class=\"xn-chron\">May 17, 2021<\/span><\/b>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n<p>\n        <b>WHY ROSEN LAW: <\/b>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over <span class=\"xn-money\">$438 million<\/span> for investors. In 2020 founding partner <span class=\"xn-person\">Laurence Rosen<\/span> was named by law360 as a Titan of Plaintiffs&#8217; Bar. Many of the firm&#8217;s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n<p>\n        <b>DETAILS OF THE CASE: <\/b>The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements touting Leronlimab as a potential treatment for COVID-19 to pump up the CytoDyn&#8217;s stock price while executives aggressively sold their shares. The complaint also alleges that CytoDyn engaged in a wrongful scheme whereby Iliad Research and Trading L.P. and other entities related to Iliad&#8217;s principal <span class=\"xn-person\">John Fife<\/span> operated as an unregistered securities dealer for CytoDyn. On this news, the Company&#8217;s share price fell <span class=\"xn-money\">$1.14<\/span> per share, or 28%, to close at <span class=\"xn-money\">$2.91<\/span> on <span class=\"xn-chron\">March 8, 2021<\/span>. On <span class=\"xn-chron\">March 9, 2021<\/span>, CytoDyn shares dropped an additional 19% to close at <span class=\"xn-money\">$2.35<\/span>, thereby injuring investors further.<\/p>\n<p>To join the CytoDyn class action, go to <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3117528-1&amp;h=3977772714&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2060.html&amp;a=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2060.html\" rel=\"nofollow noopener noreferrer\">http:\/\/www.rosenlegal.com\/cases-register-2060.html<\/a> or call <span class=\"xn-person\">Phillip Kim, Esq.<\/span> toll-free at 866-767-3653 or email <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a> or <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n<p>No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor&#8217;s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n<p>Follow us for updates on LinkedIn: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3117528-1&amp;h=1870618560&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm\" rel=\"nofollow noopener noreferrer\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3117528-1&amp;h=1427838356&amp;u=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;a=https%3A%2F%2Ftwitter.com%2Frosen_firm\" rel=\"nofollow noopener noreferrer\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3117528-1&amp;h=2770738361&amp;u=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F&amp;a=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n<p>Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p>Contact Information:<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-person\">Laurence Rosen, Esq.<\/span><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-person\">Phillip Kim, Esq.<\/span><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 The Rosen Law Firm, P.A.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 275 Madison Avenue, 40th Floor<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-location\">New York, NY<\/span> 10016<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Tel: (212) 686-1060<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Toll Free: (866) 767-3653<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Fax: (212) 202-3827<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:lrosen@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">lrosen@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3117528-1&amp;h=956265048&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2F&amp;a=www.rosenlegal.com\" rel=\"nofollow noopener noreferrer\">www.rosenlegal.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC30721&amp;sd=2021-04-01\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/rosen-respected-investor-counsel-encourages-cytodyn-inc-investors-with-losses-to-secure-counsel-before-important-may-17-deadline--cydy-301261118.html\">http:\/\/www.prnewswire.com\/news-releases\/rosen-respected-investor-counsel-encourages-cytodyn-inc-investors-with-losses-to-secure-counsel-before-important-may-17-deadline&#8211;cydy-301261118.html<\/a><\/p>\n<p>SOURCE  Rosen Law Firm, P.A.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC30721&amp;Transmission_Id=202104012205PR_NEWS_USPR_____DC30721&amp;DateId=20210401\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, April 1, 2021 \/PRNewswire\/ &#8212; WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of CytoDyn Inc. (OTC: CYDY) between March 27, 2020 and March 9, 2021, inclusive (the &#8220;Class Period&#8221;), of the important May 17, 2021lead plaintiff deadline. SO WHAT:\u00a0If you purchased CytoDyn securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the CytoDyn class action, go to http:\/\/www.rosenlegal.com\/cases-register-2060.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-encourages-cytodyn-inc-investors-with-losses-to-secure-counsel-before-important-may-17-deadline-cydy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ROSEN, RESPECTED INVESTOR COUNSEL, Encourages CytoDyn Inc. Investors with Losses to Secure Counsel Before Important May 17 Deadline &#8211; CYDY&#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-470301","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ROSEN, RESPECTED INVESTOR COUNSEL, Encourages CytoDyn Inc. Investors with Losses to Secure Counsel Before Important May 17 Deadline - CYDY - 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\/rosen-respected-investor-counsel-encourages-cytodyn-inc-investors-with-losses-to-secure-counsel-before-important-may-17-deadline-cydy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, RESPECTED INVESTOR COUNSEL, Encourages CytoDyn Inc. Investors with Losses to Secure Counsel Before Important May 17 Deadline - CYDY - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, April 1, 2021 \/PRNewswire\/ &#8212; WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of CytoDyn Inc. (OTC: CYDY) between March 27, 2020 and March 9, 2021, inclusive (the &#8220;Class Period&#8221;), of the important May 17, 2021lead plaintiff deadline. SO WHAT:\u00a0If you purchased CytoDyn securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the CytoDyn class action, go to http:\/\/www.rosenlegal.com\/cases-register-2060.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. &hellip; Continue reading &quot;ROSEN, RESPECTED INVESTOR COUNSEL, Encourages CytoDyn Inc. 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Investors with Losses to Secure Counsel Before Important May 17 Deadline - CYDY - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-encourages-cytodyn-inc-investors-with-losses-to-secure-counsel-before-important-may-17-deadline-cydy\/","og_locale":"en_US","og_type":"article","og_title":"ROSEN, RESPECTED INVESTOR COUNSEL, Encourages CytoDyn Inc. Investors with Losses to Secure Counsel Before Important May 17 Deadline - CYDY - Market Newsdesk","og_description":"PR Newswire NEW YORK, April 1, 2021 \/PRNewswire\/ &#8212; WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of CytoDyn Inc. (OTC: CYDY) between March 27, 2020 and March 9, 2021, inclusive (the &#8220;Class Period&#8221;), of the important May 17, 2021lead plaintiff deadline. SO WHAT:\u00a0If you purchased CytoDyn securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the CytoDyn class action, go to http:\/\/www.rosenlegal.com\/cases-register-2060.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. &hellip; Continue reading \"ROSEN, RESPECTED INVESTOR COUNSEL, Encourages CytoDyn Inc. Investors with Losses to Secure Counsel Before Important May 17 Deadline &#8211; CYDY\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-encourages-cytodyn-inc-investors-with-losses-to-secure-counsel-before-important-may-17-deadline-cydy\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-02T02:08:33+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-encourages-cytodyn-inc-investors-with-losses-to-secure-counsel-before-important-may-17-deadline-cydy\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-respected-investor-counsel-encourages-cytodyn-inc-investors-with-losses-to-secure-counsel-before-important-may-17-deadline-cydy\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ROSEN, RESPECTED INVESTOR COUNSEL, Encourages CytoDyn Inc. 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