IBRX
ImmunityBio, Inc.2.1600
-0.0600-2.7%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
2.13BP/E (TTM)
-Basic EPS (TTM)
-0.41Dividend Yield
0%Recent Filings
8-K
8-K
8-K
10-Q
8-K
ImmunityBio settles derivative suits with reforms
ImmunityBio announced preliminary court approval of a settlement for its consolidated shareholder derivative lawsuits, stemming from alleged fiduciary breaches over undisclosed cGMP deficiencies at Anktiva's CMOs that led to a 2023 FDA rejection. The deal requires adopting governance reforms—including appointing a new independent director by December 31, 2025, enhancing disclosure and audit charters, quarterly FDA compliance reports, annual legal reviews, and mandatory employee training—for four years, while releasing all related claims. Shareholders' counsel seeks up to $2.5 million in fees from insurance; final hearing set for November 4, 2025. Reforms bolster oversight, yet litigation risks linger until approval.
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