Cytodyn Inc (CYDY)

[moneycrew]

From another board and from an attorney:

It appears from the descriptors that Cytodyn filed a motion to dismiss the shareholders case and this motion was supported by the "discovery" sent to SEC/DOJ in relation to the subpeonas received as noted in their 8K.

Basically, Cytodyn is claiming their answers to the SEC/DOJ are satisfactory enough to make the lawsuit by shareholders moot and dismissable.

Which sounds like Cytodyn is pretty confident about their handling of SEC/DOJ subpeonas enough to use it against the shareholders lawsuit.

The last action listed on Pacer for the shareholders lawsuit is that the schedule for dismissal has been stayed to allow the shareholders plaintiffs attorneys time to examine the answers supplied to the SEC/DOJ.

Looks like some people may be out of ammo soon and Cytodyn will win the war!