litigation
confidence high
sentiment positive
materiality 0.60
Allarity Therapeutics announces dismissal of securities class action lawsuit against all defendants
Allarity Therapeutics, Inc.
- Securities class action filed Sept 13, 2024, alleging false statements on Dovitinib NDA prospects dismissed with prejudice.
- No settlement or payment was made by the Company or officers in connection with dismissal.
- CEO Thomas Jensen says dismissal allows focus on Phase 2 trial of stenoparib for advanced ovarian cancer.