UPCOMING DEADLINE: Levi & Korsinsky Notifies Investors With Losses on Their Investment in Vanda Pharmaceuticals, Inc. of Class
03 7월 2013 - 6:09AM
Levi & Korsinsky announces that a class action lawsuit has been
commenced in the United States District Court for the District of
Columbia on behalf of investors who purchased Vanda
Pharmaceuticals, Inc. ("Vanda" or the "Company") (Nasdaq:VNDA)
stock between December 18, 2012 and June 18, 2013.
For more information, click here:
http://zlk.9nl.com/vanda-pharmaceuticals-vnda/.
The complaint alleges that defendants violated federal
securities laws by issuing materially false and misleading
statements and/or failing to disclose materially adverse facts
concerning the Company's Phase III testing of the drug Tasimelteon.
In particular, it is alleged that, in the middle of the Phase III
studies, Vanda altered the primary endpoint to one never before
used in a sleep-drug clinical trial—and not endorsed by the
FDA—when data suggested the original endpoint would not be met.
On June 19, 2013, an article was published on thestreet.com,
questioning the efficacy of Vanda's study, noting that the study
not only changed multiple times, but that it replaced the primary
endpoint just a month before study results were announced. On the
news, shares of Vanda closed at $8.51 per share on June 19, 2013, a
drop of more than 20% from the previous day.
If you suffered a loss in Vanda you have until July 23, 2013 to
request that the Court appoint you as lead plaintiff. Your ability
to share in any recovery doesn't require that you serve as a lead
plaintiff. To obtain additional information, contact Joseph E.
Levi, Esq. either via email at jlevi@zlk.com or by telephone at
(877) 363-5972, or visit
http://zlk.9nl.com/vanda-pharmaceuticals-vnda/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, and Washington D.C. The firm has extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities
and shareholder lawsuits. Attorney advertising. Prior results do
not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
Vanda Pharmaceuticals (NASDAQ:VNDA)
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Vanda Pharmaceuticals (NASDAQ:VNDA)
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부터 7월(7) 2023 으로 7월(7) 2024