Federman & Sherwood Announces Settlement in Dynavax Shareholder Derivative Action

Federman & Sherwood is pleased to announce that a settlement in a shareholder derivative action has been reached with Dynavax Technologies Corporation DVAX.

The Superior Court of the State of California, County of Alameda, has granted preliminary approval for the settlement of certain derivative claims brought nominally for the benefit of Dynavax Technologies Corporation (Case No. RG13686266, styled Truglio v. Oronsky, et al).

A final hearing on the proposed settlement is scheduled for October 17, 2017 at 3:00 p.m., before the Honorable Brad Seligman, Department 30 in the Superior Court of the State of California, Alameda County, located at U.S. Post Office Building, 201 Thirteenth Street, Oakland, California 94613.

The Notice is available here and the Stipulation of Settlement is accessible here. The Notice contains important information concerning the legal rights of current Dynavax stockholders. If you have any questions concerning the Notice or this settlement, you may contact:

FEDERMAN & SHERWOOD
10205 North Pennsylvania Avenue
Oklahoma City, OK 73120

For more information, please visit the firm's website at www.federmanlaw.com

View source version on businesswire.com: http://www.businesswire.com/news/home/20170905006560/en/