Brief: Oasmia Pharmaceutical Enters Into Settlement Agreement

Vivesto AB

01/06/2020 08:34

June 1 (Reuters) - Oasmia Pharmaceutical AB  OASM.ST :
    * OASMIA PHARMACEUTICAL HAS ENTERED INTO A SETTLEMENT
AGREEMENT IN
US CLASS ACTION
    * ANNOUNCES IT HAS ENTERED INTO A COMPREHENSIVE SETTLEMENT
AGREEMENT WITH PLAINTIFFS IN A CLASS ACTION FILED AGAINST
COMPANY IN UNITED STATES IN 2019
    * A FINAL NON-APPEALABLE CLOSURE OF THIS COURT ACTION IS
EXPECTED
WITHIN ONE OR A FEW MONTHS
    * ASSESSES ALTOGETHER THAT SETTLEMENT WILL NOT HAVE ANY
SIGNIFICANT IMPACT ON COMPANY'S FINANCIAL OR CASH FLOW STATUS
    * CO DOES NOT INTEND TO DISCLOSE ANY FURTHER SPECIFIC
UPDATES
REGARDING CONTINUED CLOSURE OF THIS LITIGATION

Source text for Eikon:  ID:nNDL7kfLRw 
Further company coverage:  OASM.ST 

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