Brief: Cytrx Corp issued 1.6 mln shares for benefit of claimants of IN RE Cytrx securities litigation

LadRx

27/05/2016 17:30

May 27 (Reuters) -  
    * Cytrx Corp says on May 25, 2016, issued for benefit of 
claimants in matter of IN RE Cytrx Securities litigation total 
of 1.6 million shares of stock 
    * Cytrx Corp says shares were issued pursuant to court's 
judgment and order granting final approval of previously 
announced settlement of matter 
    * Cytrx Corp says for purposes of this settlement, the 
shares were valued at an aggregate of $4.5 million - SEC Filing 
 
Source - http://1.usa.gov/1U0Sgqg 
 
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