TYME Announces Dismissal of Class Action Lawsuit
Tyme Technologies, Inc. (TYME)
Last tyme technologies, inc. earnings: 2/5 08:00 am
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Source: GlobeNewswire
NEW YORK, April 01, 2019 (GLOBE NEWSWIRE) -- Tyme Technologies, Inc. (NASDAQ: TYME), an emerging biotechnology company developing cancer metabolism-based therapies (CMBTsTM) announced the consolidated class action complaint filed in the United States District Court for the Southern District of New York (Case No. 1:19-cv-00843) was voluntarily dismissed, without prejudice against all the defendants, by the plaintiff and his counsel on March 28, 2019. TYME had previously stated the class action allegations were meritless and is pleased that plaintiff and his counsel agreed to voluntarily withdraw the case. The case was never formally certified as a class action lawsuit. No payments, settlements or other agreements are required from TYME in association with the dismissal of the case. "TYME’s core mission is to develop novel therapeutics for cancer patients that have run out of options," said Steve Hoffman, Chairman and CEO of TYME. “We are pleased that the case was dismissed at such
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