Legal Proceedings
−Removed: To our knowledge, neither the Company nor any
−Removed: of its officers or directors is a party to any material legal proceeding or litigation and such persons know of no material legal proceeding
−Removed: or contemplated or threatened litigation.
−Removed: There are no judgments against us or our officers or directors.
−Removed: None of our officers or directors
−Removed: has been convicted of a felony or misdemeanor relating to securities or performance in corporate office.
+Added: On January 19, 2024, a purported shareholder class
+Added: action complaint, captioned Eric Olmstead v.
+Added: 3:24-cv-00035, was filed in the U.S.
+Added: District Court for the
+Added: District of Nevada, naming BioVie Inc.
+Added: (the “Company”) and certain of its officers and/or directors as defendants.
+Added: alleges that the Company made material misrepresentations and/or omissions of material fact relating to the Company’s business,
+Added: operations, compliance, and prospects, including information related to the study and trial of NE3107, in
+Added: violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended, and Rule 10b-5 promulgated thereunder.
+Added: action is on behalf of purchasers of the Company’s securities during the period from August 5, 2021 through November 29, 2023 and
+Added: seeks unspecified monetary damages on behalf of the putative class and an award of costs and expenses, including attorney’s fees.
+Added: The Company believes the lawsuit is without merit
+Added: and intends to defend the case vigorously.
+Added: At this early stage of the proceedings, the Company is unable to make any prediction regarding
+Added: the outcome of the litigation.
+Added: There are no other judgments against us or our
+Added: officers or directors.
+Added: None of our officers or directors has been convicted of a felony or misdemeanor relating to securities or performance
+Added: in corporate office.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.