other material
confidence high
sentiment neutral
materiality 0.25
Emmaus Life Sciences amends bylaws to establish exclusive forum for stockholder litigation
Emmaus Life Sciences, Inc.
- Board adopted Amendment to Amended and Restated By-Laws on May 23, 2024.
- Delaware Chancery Court designated as sole forum for derivative and internal affairs actions.
- Federal district courts designated as exclusive forum for Securities Act claims.
- Amendment effective immediately; shareholders deemed to have consented.
- Exclusive forum provisions apply to actions based on duties, DGCL, and internal affairs.