Deadline Upcoming in $8.5 Million Settlement in the CytRx Corporation (NASDAQ:CYTR) Investor Lawsuit

San Diego, CA -- (SBWIRE) -- 06/08/2016 -- A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of CytRx Corporation (NASDAQ:CYTR) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on June 8, 2016 and NASDAQ: CYTR investors should contact the Shareholders Foundation.