00:16:03 EDT Tue 14 May 2024
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Nymox wins ex parte order suspension vs Lanham et. al

2023-11-03 15:13 ET - News Release

An anonymous director reports

NYMOX REPORTS: BAHAMIAN COURT TODAY SUSPENDS ORDER OF OCTOBER 3, 2023 RENDERING RILEY-LANHAM AND ACCOMPLICES PLANNED VOTE UNAUTHORIZED

The Bahamian Court has issued an oral ruling suspending the ex parte order of Oct. 3, 2023, wrongly obtained by the so called activist shareholders led by Mr. Lanham. Senior Justice Fraser accepted Nymox Pharmaceutical Corp.'s arguments that justice would best be served with the order suspended.

In the Bahamas, Nymox will continue now to formally set aside the ex parte order and will be seeking from Mr. Lanham and his accomplices payment of both its legal costs and, separately, damages suffered by Nymox and its directors arising from the wrongful procurement of the ex parte order.

We seek Safe Harbor.

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