{"id":474539,"date":"2021-04-10T09:03:31","date_gmt":"2021-04-10T13:03:31","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=474539"},"modified":"2021-04-10T09:03:31","modified_gmt":"2021-04-10T13:03:31","slug":"rosen-a-globally-recognized-law-firm-encourages-cytodyn-inc-investors-to-secure-counsel-before-important-may-17-deadline-cydy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-globally-recognized-law-firm-encourages-cytodyn-inc-investors-to-secure-counsel-before-important-may-17-deadline-cydy\/","title":{"rendered":"ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Encourages CytoDyn Inc. Investors to Secure Counsel Before Important May 17 Deadline \u2013 CYDY"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, April  10, 2021  (GLOBE NEWSWIRE) &#8212; <strong>WHY: <\/strong>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 \u201cClass Period\u201d), of the important <strong>May 17, 2021<\/strong><strong>lead plaintiff deadline<\/strong>.<\/p>\n<p align=\"justify\">\n        <strong>SO WHAT:<\/strong> If 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 align=\"justify\">\n        <strong>WHAT TO DO NEXT: <\/strong>To join the CytoDyn class action, go to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=IYTOjnC5jWvxN0ncNxXiyT4fgAPu2F_y0NHjNe0F7E57lgxHQnkHr8gSXXF7ShivwKHYbd_eu1uBpUyqxv7bbicyZz2wGgzkboSXosaWNMl6C8tXYGoBwtsSVR6-ZNSqVOKxjV4heOZiD6lDMZ3iLxqBeh1sCkwFm_0pgQjs8kQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.rosenlegal.com\/cases-register-2060.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=i-VnlXRCfCqOy7gZVCCLxw8MJ5HCOtqCHQ5vxoK_dSLc-gDsmwXnFZFvWhDyV4Ek_Q1noWn8lAxq_HJbBZ9-TZ3CVflNiAh4BjvXrFkLva4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=M_y0vgYqqDi8NlzFZqzYE40dSp8jALbhA0zAWDXgQcRBaWtVcTyWCjVbWOS93UVgZhH6f74GSkH7U2kmZKaveh7ZTh6y5B6D46r_vVjzwz0=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">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 <strong>no later than May 17, 2021<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n<p align=\"justify\">\n        <strong>WHY ROSEN LAW: <\/strong>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 $438 million for investors. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n<p align=\"justify\">\n        <strong>DETAILS OF THE CASE: <\/strong>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\u2019s 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\u2019s principal John Fife operated as an unregistered securities dealer for CytoDyn. On this news, the Company\u2019s share price fell $1.14 per share, or 28%, to close at $2.91 on March 8, 2021. On March 9, 2021, CytoDyn shares dropped an additional 19% to close at $2.35, thereby injuring investors further.<\/p>\n<p align=\"justify\">To join the CytoDyn class action, go to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=IYTOjnC5jWvxN0ncNxXiyT4fgAPu2F_y0NHjNe0F7E57lgxHQnkHr8gSXXF7ShivAhK3-GQCFaXqex_l5X-Laf5rLv_XAMQH9BgqROTH7Q70q2zyjE_FIPDMqIUxi8jEL4HfSCQ2DXIFOhR4nHbGnvA8LZD0mmLdxr0mPKwBpos=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.rosenlegal.com\/cases-register-2060.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=i-VnlXRCfCqOy7gZVCCLxyVPoqZuexBqyLAvLJhRDaqvwVp_jKFleC8izRE38B77HKkbGN4u-vq2aQLEeG4S5iP5aerWMr_oKNXfeMGly6k=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=M_y0vgYqqDi8NlzFZqzYE3Sm800p5oucOIM_t-iXEXccLAZZY0In9OKs97b_E8fjPSNwW4s3AqWy3E4A7iDD656MlkN6sgQL5Dk-vM2sGHI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n<p align=\"justify\">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\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n<p align=\"justify\">Follow us for updates on LinkedIn: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xpSxWrQpeKSPCqOvBruq26d2m62qKWZObErZZ_f4AFqH2Oyya32pZqu75kIvIovdzNuTOTxnXoqhKiHgaK0RPSWt_-Bcze-WkMS6We95h-QRSYPCp3HrHcmPmre0uwoJl0K-NpNjj3cgxKP4JVhe7QrveEGxg4sHHbURcVJs2nw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xpSxWrQpeKSPCqOvBruq26o_rCDKiCwYI6KOsa6yA7AMfCWsNgo5PgmfPrIAgSPzivh1_MIZsIq8bkqp2znmlpiMcPHn6CpgQ8oi5r4xe_cGYU3RuHK76LV9JXHmeOk9\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xpSxWrQpeKSPCqOvBruq20dspM4XEiUwKU_e5OhUHCrzjZN9fcm4DS58BPeYaRABDKK3MIrN6JOUWvJQPR8jc0-HU6_htRsH79DEf47HBfPC3D6jhRCl7BWVEQjXu5jZxY-yGmn7_Zsm45H34IPGHg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n<p align=\"justify\">Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p align=\"justify\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p>Contact Information:<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Laurence Rosen, Esq.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Phillip Kim, Esq.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0The Rosen Law Firm, P.A.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0275 Madison Avenue, 40th Floor<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0New York, NY 10016<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Tel: (212) 686-1060<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Toll Free: (866) 767-3653<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Fax: (212) 202-3827<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xibD0qvlD6j8pKmbZ5KqXuvkSjZNa2y52WSRsoHE81ACKjFndkpGLOoN2DmCxhl9e7gg0EYChrRFKq5p8ckKDZLtzii4W8DMtK1c-M7qaJc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">lrosen@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=i-VnlXRCfCqOy7gZVCCLx-_xRUZckunaf0mFXcgWJWlBTQ7KNNrbTgc_aOtTikdx7_UeVXq-oElqKSv_B2UQKsznXZQ976nd8NSqMC9vUq8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">pkim@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=M_y0vgYqqDi8NlzFZqzYE9e3ViEjCxzMsJdHXoQd2yHWgOF7V289unGeKaUv-SycSriZUF825ujXlT7Fi090YtFGwXMKX-Xcopd3fF-FcVU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">cases@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=6PyX2VyCgSo20P7hW9PP3lpByUmQpy-6wcP0kU-CmNxxQd3qb_rQiiZIBTTrs45Udxmd4sHzBYBPQPK1PjqloWVDKnJJtAXUSPUbeicHUDs=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.rosenlegal.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxNDU2MiM0MTE0MTk2IzIwMjA0MTE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/2922877c-d2de-4733-89e1-4e1c87e97c7c\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, April 10, 2021 (GLOBE NEWSWIRE) &#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 \u201cClass Period\u201d), of the important May 17, 2021lead plaintiff deadline. SO WHAT: If 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-a-globally-recognized-law-firm-encourages-cytodyn-inc-investors-to-secure-counsel-before-important-may-17-deadline-cydy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Encourages CytoDyn Inc. Investors to Secure Counsel Before Important May 17 Deadline \u2013 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-474539","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Encourages CytoDyn Inc. Investors to Secure Counsel Before Important May 17 Deadline \u2013 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-a-globally-recognized-law-firm-encourages-cytodyn-inc-investors-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, A GLOBALLY RECOGNIZED LAW FIRM, Encourages CytoDyn Inc. Investors to Secure Counsel Before Important May 17 Deadline \u2013 CYDY - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, April 10, 2021 (GLOBE NEWSWIRE) &#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 \u201cClass Period\u201d), of the important May 17, 2021lead plaintiff deadline. SO WHAT: If 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, A GLOBALLY RECOGNIZED LAW FIRM, Encourages CytoDyn Inc. 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Investors to Secure Counsel Before Important May 17 Deadline \u2013 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-a-globally-recognized-law-firm-encourages-cytodyn-inc-investors-to-secure-counsel-before-important-may-17-deadline-cydy\/","og_locale":"en_US","og_type":"article","og_title":"ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Encourages CytoDyn Inc. Investors to Secure Counsel Before Important May 17 Deadline \u2013 CYDY - Market Newsdesk","og_description":"NEW YORK, April 10, 2021 (GLOBE NEWSWIRE) &#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 \u201cClass Period\u201d), of the important May 17, 2021lead plaintiff deadline. SO WHAT: If 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, A GLOBALLY RECOGNIZED LAW FIRM, Encourages CytoDyn Inc. Investors to Secure Counsel Before Important May 17 Deadline \u2013 CYDY\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-globally-recognized-law-firm-encourages-cytodyn-inc-investors-to-secure-counsel-before-important-may-17-deadline-cydy\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-10T13:03:31+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxNDU2MiM0MTE0MTk2IzIwMjA0MTE=","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-a-globally-recognized-law-firm-encourages-cytodyn-inc-investors-to-secure-counsel-before-important-may-17-deadline-cydy\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-a-globally-recognized-law-firm-encourages-cytodyn-inc-investors-to-secure-counsel-before-important-may-17-deadline-cydy\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Encourages CytoDyn Inc. 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