C4 Therapeutics (NASDAQ: CCCC) narrows forums for securities lawsuits
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
C4 Therapeutics, Inc. reported that its Board of Directors approved an immediate amendment to the company’s second amended and restated by-laws on April 9, 2026. The change designates the U.S. District Courts for the District of Massachusetts and the District of Delaware as the exclusive forums for resolving federal securities law claims, unless the company agrees in writing to another forum.
The amendment covers actions arising under the Securities Act of 1933, the Securities Exchange Act of 1934, and related rules and regulations. The Board adopted this forum selection provision in response to recent amendments to Delaware corporate law. The full text of the by-laws amendment is filed as an exhibit.
Positive
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Negative
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8-K Event Classification
2 items: 5.03, 9.01
2 items
Item 5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Board approval date: April 9, 2026
Report date: April 10, 2026
2 metrics
Board approval date
April 9, 2026
Date the Board approved the by-laws amendment
Report date
April 10, 2026
Date the company signed and dated the report
Key Terms
exclusive forums, Securities Act of 1933, Securities Exchange Act of 1934, forum selection provisions, +1 more
5 terms
exclusive forums regulatory
"to designate the United States District Court for the District of Massachusetts and the United States District Court for the District of Delaware as the exclusive forums"
Securities Act of 1933 regulatory
"arising under the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended"
Securities Exchange Act of 1934 regulatory
"arising under the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended"
forum selection provisions regulatory
"in response to recent amendments to the Generate Corporation Law of the State of Delaware regarding such forum selection provisions"
second amended and restated by-laws regulatory
"approved an amendment to the Company’s second amended and restated by-laws"
FAQ
What bylaw change did C4 Therapeutics (CCCC) disclose in this 8-K?
C4 Therapeutics disclosed a bylaw amendment designating specific federal courts as exclusive forums for federal securities law claims. It now directs Securities Act and Exchange Act lawsuits to U.S. District Courts in Massachusetts and Delaware, unless the company consents to a different forum in writing.
When did C4 Therapeutics’ Board approve the new forum selection bylaw?
The Board of C4 Therapeutics approved the new forum selection bylaw on April 9, 2026, with immediate effect. This timing is explicitly stated, clarifying when the exclusive federal forum requirements for securities law claims became operative for the company.
Which courts are designated in C4 Therapeutics’ exclusive forum bylaw?
The bylaw designates the U.S. District Court for the District of Massachusetts and the U.S. District Court for the District of Delaware. These courts are specified as exclusive forums for complaints under the Securities Act of 1933 and the Securities Exchange Act of 1934, absent written company consent.
Why did C4 Therapeutics change its bylaws regarding securities law forums?
C4 Therapeutics changed its bylaws in response to recent amendments to the Delaware corporate law regarding forum selection provisions. The company’s Board explicitly linked the bylaw update to these statutory changes, aligning its litigation forum rules with the updated Delaware framework.
What types of claims are covered by C4 Therapeutics’ new forum provision?
The new provision covers complaints asserting causes of action under the Securities Act of 1933, the Securities Exchange Act of 1934, and related SEC rules. It confines those federal securities claims to the specified district courts unless C4 Therapeutics agrees in writing to a different forum.
Where can investors find the full text of C4 Therapeutics’ bylaw amendment?
The full text of the bylaw amendment is filed as Exhibit 3.1 to the report. The company notes that its brief description is qualified in its entirety by this exhibit, meaning the detailed legal language appears directly in that attached document.