Exicure, Inc. Announces Proposed Settlement of Securities Class Action Litigation
2024年9月10日 - 7:53AM
ビジネスワイヤ(英語)
Exicure, Inc. (Nasdaq: XCUR, the “Company”) announced today that
it has entered into an agreement with plaintiffs to settle Colwell
v. Exicure, Inc. et al., Case No. 1:21-CV-06637, a previously
disclosed securities class action lawsuit pending in the United
States District Court for the Northern District of Illinois (the
“Court”). The settlement is subject to Court approval, and
plaintiffs filed a motion for preliminary approval of the
settlement with the Court on September 6, 2024.
The settlement does not constitute any admission by the Company
of any liability or wrongdoing. Nonetheless, the Company believes
it is beneficial to resolve the case as further litigation would be
burdensome and protracted.
About Exicure
Exicure, Inc. has historically been an early-stage biotechnology
company focused on developing nucleic acid therapies targeting
ribonucleic acid against validated targets. Following its recent
restructuring and suspension of clinical and development
activities, the Company is exploring strategic alternatives to
maximize stockholder value, both with respect to its historical
biotechnology assets and more broadly. For further information, see
www.exicuretx.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240909816210/en/
Josh Miller 847-673-1700 media@exicuretx.com
Exicure (NASDAQ:XCUR)
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