Replies to post #190108 on Cytodyn Inc (CYDY)

[justdafactss]

"The SEC has informed the Company blah blah blah.

Says nothing as to the DOJ stating no violations of law have occurred.

CYDY is in deep shit.

[HyGro]

Really? The company wouldn't need to announce it if it wasn't the company and company executes as the target of the investigation. The SEC came in because of the FDA Statement specifically identifying the company's misrepresentations of the CoV trial data. The DOJ comes in only if they see evidence of criminal behavior (insider trading and stock fraud would qualify). The company has made the disclosure in the 7/30/21 10K annual report and also the 10Q quarterly report 9/30/21. So it is very current and still active. SEC investigations are never good for a company and in most cases are a negative for shareholders.