FYI, This was IBRX news on 4/7/25 on Etrade.
Pomerantz LLP and Holzer & Holzer, LLC Announce Pendency and Proposed Settlement of Class Action Involving Purchases of ImmunityBio, Inc. Securities
7:30 PM ET 4/7/25 | PR Newswire
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Pomerantz LLP and Holzer & Holzer, LLC Announce Pendency and Proposed Settlement of Class Action Involving Purchases of ImmunityBio, Inc. Securities
PR Newswire
SAN DIEGO, April 7, 2025
SAN DIEGO, April 7, 2025 /PRNewswire/ --
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF CALIFORNIA
IN RE IMMUNITYBIO, INC. No. 3:23-cv-01216-GPC-VET SECURITIES LITIGATION ----------------------------------------------
NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF CLASS ACTION
TO: ALL PERSONS OR ENTITIES WHO PURCHASED OR ACQUIRED IMMUNITYBIO, INC. ("IMMUNITYBIO") (NASDAQ: IBRX) SECURITIES BETWEEN MARCH 10, 2021, AND MAY 10, 2023, BOTH DATES INCLUSIVE.
YOU ARE HEREBY NOTIFIED, pursuant to an Order of the United States District Court for the Southern District of California (the "Court"), that a hearing will be held on June 13, 2025, at 1:30 p.m. before the Honorable Gonzalo P. Curiel, United States District Judge of the United States District Court for the Southern District of California, at the Edward J. Schwartz United States Courthouse, 221 West Broadway, San Diego, California 92101 for the purpose of determining: (1) whether the proposed Settlement of the claims in the above-captioned Action for consideration in the amount of ten million five hundred thousand dollars ($10,500,000.00) should be approved by the Court as fair, reasonable, and adequate; (2) whether the Plan of Allocation for distributing the proceeds from the proposed Settlement is fair and reasonable, and should be approved; (3) whether Co-Lead Counsel's application for an award of attorneys' fees, reimbursement of out-of-pocket expenses plus interest, and a compensatory award for Lead Plaintiff, all to be paid from the Settlement Fund, should be granted, and, if so, in what amount; and (4) whether the proposed Judgment should be entered and this Action should be dismissed with prejudice against the Defendants as set forth in the Stipulation of Settlement dated January 28, 2025 (the "Stipulation") filed with the Court. |
