October 11, 2016 / 12:17 PM / a year ago

BRIEF-Xbiotech announces dismissal of class action lawsuit in Texas

Oct 11 (Reuters) - Xbiotech Inc:

* Xbiotech announces dismissal of class action lawsuit in Texas

* Federal court grants motion to dismiss assertion of claims under section 10(b) of securities exchange act

* Judge Sam Sparks dismissed lawsuit with prejudice, meaning plaintiff is barred from refiling claim

* Xbiotech Inc- company intends to seek dismissal of California suit Source text for Eikon: Further company coverage:

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