Anavex Life Sciences Corp (AVXL)

[Investor2014]

Yes the original move by Anavex lawyers to attempt a pre-agreed motion to dismiss on no further plaintiffs joining did not work out.

We will need to see if the 3rd complaint will be consolidated into the Blum vs. Anavex case, then with 3 potential movants for lead plaintiff unless a later motion to dismiss is granted before certification.

Personally I believe a lead plaintiff will be appointed and the case certified, which if it happens can still result in a settlement or dismissal.

I can’t call that yet, but some lawyer here and others seem convinced of a dismissal even with prejudice. Likely the same folks that are 83% - 100% sure A2-73 will be approved based on current clinical trials.