other
confidence high
sentiment neutral
materiality 0.25
Health Catalyst amends bylaws to mandate federal court for Securities Act claims
Health Catalyst, Inc.
- Board approved bylaw amendment effective July 29, 2021, designating federal district courts as exclusive forum for Securities Act of 1933 litigation.
- Any person acquiring shares is deemed to have notice and consented to the exclusive forum provision.
- Amendment aims to reduce potential expenses from defending actions in multiple jurisdictions simultaneously.