As reported by Blackwatch on www.investorvillage.com a settlement has been reached in the RA Capital lawsuit. The document I have access to does not provide an amount but verifies that Sangamo has proved its claims as written in the complaint.
Sangamo Biosciences, Inc. v. RA Capital Healthcare Fund, L.P. et al
Court New York Southern District Court
Judge Paul A Crotty
Nature of Suit 850 Other Statutes - Securities/Commodities/Exchange
Cause 15:78m(a) Securities Exchange Act
Case # 1:15-cv-03004
Filed Apr 17, 2015
Terminated Aug 20, 2015
17 | 17 ORDER AND FINAL JUDGMENT. IT IS HEREBY ORDERED, ADJUDGED AND DECREED THAT: 1. The Court has jurisdiction over the subject matter of this action and over SANGAMO and the Settling Defendants. 2. The Court finds that SANGAMO, through its counsel, has vigorously prosecuted the claims set forth in the Complaint. 3. The Stipulation (a copy of which is annexed hereto as Exhibit 1) is hereby approved as fair, reasonable and adequate and in the best interests of SANGAMO and its shareholders. The parties are directed to consummate the Settlement in accordance with the terms and provisions of the Stipulation. 4. This Order and Final Judgment shall not constitute evidence or an admission by the Settling Defendants or any other person that any transaction giving rise to liability or damages under Section 16(b) occurred, or that any violations of law or acts of other wrongdoing have been committed, and shall not be deemed to create any inference that there is or was liability of any person therefor. The Settling Defendants do not admit, either expressly or implicitly, that they or any one of them is subject to any liability whatsoever by reason of any of the matters alleged in the Complaint or referenced in the Stipulation. The Settling Defendants, on the contrary, expressly deny and dispute the existence of any such liability. 5. The Complaint, each claim for relief therein against the Settling Defendants and all claims for violations of Section 16(b) that were asserted in this Action or could have been asserted in any amended complaint against the Settling Defendants and their Related Parties as defined in paragraph 4 of the Stipulation, are hereby dismissed on the merits, with prejudice and without costs, except as otherwise provided for herein. 6. The Settling Defendants and their Related Parties are hereby discharged and released from any and all liability and damages under or based upon any and all claims, rights, causes of action, suits, matters, demands, transactions and issues, known or unknown, arising out of or relating to the assertions contained in the Complaint in this Action or that could have been asserted in this Action as further set forth in this order. 7. SANGAMO, counsel for SANGAMO and all owners of any security (as defined in Section 3(a)(10) of the Exchange Act) of SANGAMO or of any other security or instrument, the value of which is derived from the value of any SANGAMO equity security, or any of them, either individually, directly, derivatively, representatively or in any other capacity, are permanently barred and enjoined from instituting or prosecuting this Action or any other action, in this or any other court or tribunal of this or any other jurisdiction, any and all claims, rights, causes of action, suits, matters, demands, transactions and issues, known or unknown, arising out of or relating to the assertions contained in the Complaint in this Action or that could have been asserted in this Action as further set forth in this order. 8. Jurisdiction is hereby reserved over all matters relating to the enforcement, administration and performance of the Stipulation. 9. The Clerk of the Court is directed to enter and docket this Order and Final Judgment in this Action. (Signed by Judge Paul A. Crotty on 8/20/2015) (lmb) |
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