Former West Coast biotech CEO imprisoned for pocketing millions [Yahoo! Finance]
CYTODYN INC (CYDY)
NASDAQ:AMEX Investor Relations:
ir.cytodyn.com
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Source: Yahoo! Finance
dollars, the United States Attorney's Office for the District of Maryland announced on Monday. According to court documents and news releases, 62-year-old Oregon resident Nader Pourhassan, who was once the CEO of CytoDyn, defrauded investors from 2018 to 2021 regarding the commercialization of CytoDyn's product, a monoclonal antibody called Leronlimab. According to the company , the antibody is intended to treat cancer, infectious diseases and autoimmune conditions. After making a series of fraudulent statements about Leronlimab's prospects and artificially inflating his personal stocks, Pourhassan ultimately swindled over $4 million, the release said. "Nader Pourhassan lied and schemed to selfishly line his own pockets," special agent Jimmy Paul said in the release. In April 2020, during the rise of the COVID-19 pandemic, Pourhassan publicly announced that CytoDyn had reached a critical milestone with the Food and Drug Administration when, in reality, the company's documentatio
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CYDY
News
- CytoDyn Announces Funding and Initiation of Expanded Access Program for Patients with Triple-negative Breast CancerGlobeNewswire
- Biotech exec gets prison for securities fraud [Investment Executive - News]Investment Executive - News
- December 2025 Letter to Shareholders [Yahoo! Finance]Yahoo! Finance
- December 2025 Letter to ShareholdersGlobeNewswire
- CytoDyn to Showcase PD-L1 Upregulation and Improved Survival in Metastatic Triple Negative Breast Cancer at the San Antonio Breast Cancer SymposiumGlobeNewswire
CYDY
Sec Filings
- 1/9/26 - Form 424B3
- 1/9/26 - Form 10-Q
- 12/22/25 - Form 424B3
- CYDY's page on the SEC website