USA v. Pourhassan et al

8:22-cr-00440

January 23, 2026
CytoDyn CEO Gets 30-Month Sentence For Lying To Investors

A lawyer for former CytoDyn CEO Nader Pourhassan — the man convicted in December of securities fraud and insider trading — said that the executive's journey at the company began with a "desire to help people." That journey ended Friday at a hearing in a Maryland federal courtroom with a 30-month prison sentence.
September 26, 2025
Judge Criticizes Push For Harsher Sentence In CytoDyn Case

A Maryland judge on Friday blasted federal prosecutors for seeking an enhanced sentence for a former biotech executive convicted of fraud for his role in the CytoDyn stock inflation scheme, saying the government wanted a harsher sentence for allegations he was already acquitted of at trial.
December 10, 2024
Md. Jury Convicts Ex-Biotech Execs On Some Fraud Counts

Two former biotech executives were convicted on some counts Monday following a monthlong Maryland federal court trial in a case alleging they juiced CytoDyn Inc.'s share price by lying to investors about the development of a drug to treat HIV and COVID-19.