MannKind (MNKD) Announces Dismissal of Securities Class Action

August 25, 2016 9:02 AM EDT

Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.

MannKind Corporation (Nasdaq: MNKD) (TASE: MNKD) announced that the United States District Court for the Central District of California has dismissed the class action that was pending against MannKind Corporation and two of its executives. The Court granted the defendants’ motion to dismiss the plaintiffs’ amended class action complaint without leave to amend, thereby closing the case. The plaintiffs can appeal the decision within 30 days.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Litigation, Trader Talk

Add Your Comment