Can you imagine a shareholder class action where the judge realizes the complaint is about holding back a critical piece of information that’s ten years old! Get laughed right out of court. Can’t make it up.
Please help us understand why couldn't they tell the shareholders what the reason for screening halt was when the trial was over and data locked . There could have been no problem with integrity of trial at that time . Moreover if they had shared that with investors ( who have right to know) before any application to any RA , how would it compromise anything or block management from buyin in open market . Entertain us with any hypothetical scenario in which they were prohibited from sharing in above stated timelines .