Emergent BioSolutions Announces Agreement to Settle Securities Class Action Litigation [Yahoo! Finance]
Emergent BioSolutions Inc. (EBS)
Last emergent biosolutions inc. earnings: 4/30 04:08 pm
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investors.emergentbiosolutions.com
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Source: Yahoo! Finance
Under the terms of the proposed settlement, Emergent will pay $40 million, which will be substantially paid from insurance proceeds, to settle claims brought on behalf of stockholders who purchased Emergent's common stock between March 10, 2020, and November 4, 2021. The proposed settlement, which is subject to court approval, includes no admission of liability or wrongdoing by Emergent or any current or former Emergent officers, directors or employees and will resolve all claims against the Company and other defendants in this matter. “While Emergent believes that the legacy securities class action was without merit, we are pleased to have reached this agreement,” said Joe Papa, president and chief executive officer of Emergent. “Today's announcement is a major step toward allowing us to move past this matter so we can continue focusing on our multiyear plan to turnaround and transform the business.” About Emergent BioSolutions At Emergent, our mission is to protect and enhanc
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EBS
News
- Emergent BioSolutions Inc. (NYSE: EBS) had its "buy" rating re-affirmed by analysts at Rodman & Renshaw. They now have a $16.00 price target on the stock.MarketBeat
- Emergent BioSolutions Announces Agreement to Settle Securities Class Action LitigationGlobeNewswire
- Emergent BioSolutions Awarded Research and Development Option valued at $41.9 Million for continued Advanced Development and Procurement of Ebanga™ Treatment for EbolaGlobeNewswire
- Amid Steep Rise In Mpox Cases, Vaccination Drive In Africa Becomes More Urgent [Forbes]Forbes
- Bavarian Nordic stock slides on Moderna mpox vaccine study [Seeking Alpha]Seeking Alpha
EBS
Earnings
- 8/6/24 - Miss
EBS
Sec Filings
- 9/17/24 - Form 8-K
- 9/10/24 - Form SC
- 9/3/24 - Form 8-K
- EBS's page on the SEC website