CV Sciences reaches preliminary settlement of shareholder derivative action; final hearing May 15, 2023

CV Sciences, Inc.

U.S. District Court for Nevada granted preliminary approval on Feb 7, 2023 for settlement of Lamont v. Mona, Jr. (Case 2:15-cv-00481).
Final approval hearing set for May 15, 2023 before Judge Richard F. Boulware II in Las Vegas.
Settlement requires CV Sciences to implement corporate governance reforms within 60 days of final approval.
Company and defendants deny any liability or wrongdoing; settlement is not an admission.
Plaintiff's counsel may seek an award of attorney's fees; no monetary payment to shareholders.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.