This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Securities

Mar. 25, 2026

Judge bars settlement evidence ahead of Vaxart securities trial

A federal judge excluded settlement evidence in a securities case against remaining defendants, raising questions about how jurors will apportion liability without referencing parties who already resolved claims.

Judge bars settlement evidence ahead of Vaxart securities trial
U.S. District Judge Vince G. Chhabria

How can a jury apportion liability when the parties can't mention that several defendants have already settled?

Ahead of a trial with the remaining defendants, U.S. District Judge Vince G. Chhabria granted plaintiffs' motion this month to exclude evidence of their settlement with Vaxart, a biotech company they allege lied about receiving federal government funds during the Operation Warp Speed effort to develop a COVID-19 vaccine in 2020.

Vaxart, which develops v...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$895, but save $100 when you subscribe today… Just $795 for the first year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up