Avid Bioservices Inc (CDMO)

[Bungler]

Please, the class action complaint (note it is still a complaint, not even a lawsuit, since it has never gotten past the motion to dismiss stage) is a non-event, non-starter and certainly not newsworthy (the company did not bother to PR the amended complaint which indicates the magnitude of its possible effect on the company - zero). The 87 page second amended complaint has more value as birdcage liner than stating a cause of action. Developments in the class action complaint are not driving the share price action.