Cel Sci Corporation (CVM)

[Foxwoods Man]

This is the LAST mention of anything regarding the CRO termination and legal proceedings.

From a "Letter to shareholders" dated 12/12/13:

As you may know, the Clinical Research Organization (CRO) InVentiv, who we hired to run this study, did not enroll patients at the agreed to pace and, for that reason and others, CEL-SCI terminated InVentiv in or about April 2013 and replaced them with two other clinical research organizations, Aptiv Solutions, Inc. and Ergomed Clinical Research Ltd.

In October 2013, CEL-SCI filed an arbitration claim against InVentiv under the Commercial Rules of the American Arbitration Association alleging (i) breach of contract, (ii) fraud in the inducement, and (iii) common law fraud seeking at least $50 million in damages. Arbitration proceedings are not public, so we cannot share further details at this time.