Avid Bioservices Inc (CDMO)

[tech0200]

Didn't know they settled until today. On the one hand they settle for less than peanuts on a slam dunk and they they hold for years to get the best possible deal. Maybe they are trying to get this behind and felt that it wasn't worth spending any more time to get maybe a few more millions when you can spend all of your time and resources on getting a few more hundred millions by waiting it out and building value. Or maybe they are that inept. As usual, the retail shareholders at the bottom of the totem pole will always be the last ones to know and always the first ones to get screwed.