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In June 2023, a putative class action lawsuit was filed against the Company, its Executive Chairman and its former Chief Executive Officer.
−Removed: The complaint, later amended to add our former Chief Financial Officer as a defendant, which purports to be brought on behalf of a class of persons and/or entities who purchased or otherwise acquired ordinary shares of the Company from January 5, 2023 through June 5, 2023, alleges material misstatements and/or omissions in the Company’s public statements with respect to the results from its phase 3 LUNAR clinical trial.
+Added: The complaint, later amended to add our former Chief Financial Officer, now Chief Executive Officer, as a defendant, which purports to be brought on behalf of a class of persons and/or entities who purchased or otherwise acquired ordinary shares of the Company from January 5, 2023 through June 5, 2023, alleges material misstatements and/or omissions in the Company’s public statements with respect to the results from its phase 3 LUNAR clinical trial.
On March 18, 2025, the court granted the Company's motion to dismiss the complaint.
−Removed: The Plaintiffs have until May 8, 2025 to appeal the court's ruling.
−Removed: The Company believes that the action is without merit and plans to defend the lawsuit vigorously.
+Added: The Plaintiffs did not appeal the decision within the required timeframe.
+Added: This matter is now closed and this item will not appear in future filings.
In addition, from time to time, we are involved in various legal proceedings, claims, investigations and litigation that arise in the ordinary course of our business.
8 unchanged sentences
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.