{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-020003","form_type":"8-K","ticker":"CYDY","cik":"0001175680","company_name":"CytoDyn Inc.","filed_at":"2023-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.421503+00:00","generated_at":"2026-06-07T07:45:55.604969+00:00","sec_items":["8.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"CytoDyn settles class action over director removal clause; pays $59,500","bullets":["Class action challenged 'Only With Cause Clause' for removing directors; court invalidated it in January 2022.","Company filed Certificate of Correction in April 2022 to remove the clause per court order.","Settlement reached in December 2023: $59,500 in attorneys' fees and expenses plus $500 service award to plaintiffs.","No admission of liability; court has not expressed opinion on fee amount."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-020003","json":"https://secwatch.observer/filing/0001558370-23-020003.json","markdown":"https://secwatch.observer/filing/0001558370-23-020003.md","text":"https://secwatch.observer/filing/0001558370-23-020003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1175680/000155837023020003/0001558370-23-020003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1175680/000155837023020003/cydy-20231219x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T07:45:55.604969+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}