Judge Approves $3M Securities Settlement For Misleading COVID-19 Treatment Claims

(September 30, 2024, 8:48 AM EDT) -- NEWARK, N.J. — A New Jersey federal judge granted final approval of a $3 million settlement including $750,000 in attorney fees to resolve a securities class action against a pharmaceutical company for deceiving shareholders by making misleading statements about the prospects of its product for the successful treatment of COVID-19....