Avid Bioservices Inc (CDMO)

[JJ1223]

What happens, if they lie? Would that be an approach to sue them?

Of course it would, but you would have to prove they knowingly lied in an effort to deceive shareholders. Withholding information (lack of company initiatives or material changes) could also be a reason if a shareholder was logically motivated to change his equity position (buy or sell) because normal and expected communications were not forthcoming. Given the developments and shareholder harm over the last few months puts things in a very grey and shaky area.