Brief: Oasmia Pharmaceutical Brings Action Against The Former Board Of Directors

Vivesto AB

25/09/2020 12:42

Sept 25 (Reuters) - Oasmia Pharmaceutical AB  OASM.ST :
    * OASMIA BRINGS AN ACTION AGAINST THE FORMER BOARD OF
DIRECTORS
    * BOARD INVESTIGATED WHETHER IT IS POSSIBLE TO HOLD FORMER
BOARD
ACCOUNTABLE
    * CONCLUSION IS THAT FORMER BOARD SHOULD BE HELD ACCOUNTABLE
    * BOARD HAS THEREFORE RESOLVED TO BRING ACTION BEFORE
DISTRICT
COURT OF STOCKHOLM AGAINST FORMER BOARD MEMBERS
    * CLAIMS COMPENSATION FROM FORMER BOARD MEMBERS, INSOFAR
AMOUNTS
CAN BE DETERMINED, BY ABOUT MSEK 30 TOGETHER WITH INTEREST
THEREON AND REIMBURSEMENT OF LEGAL COSTS
    * REQUESTS COURT TO DECLARE FORMER BOARD MEMBERS JOINT AND
SEVERAL
LIABLE FOR ANY FURTHER LOSS THAT MAY RESULT FROM CERTAIN ACTIONS
AND DECISIONS BY FORMER BOARD IN CONNECTION WITH OWNERSHIP
DISPUTE

Source text for Eikon:  ID:nNDLPyDmq 
Further company coverage:  OASM.ST 

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