Today's Date: February 3, 2023
Boston Celtics and Sun Life close out 9th annual Fit to Win youth program with Celtics forward Justin Jackson at trampoline park   •   Experiences of Black Women With Breast Cancer Highlight Need for Better Care, Improved Outcomes   •   Founder’s Day: Reflecting on a legacy of Black history at St. Jude Children’s Research Hospital   •   The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against NeoGenomics, Inc. (NE   •   Introduction of Diagnostic and Supplemental Imaging Legislation Would Benefit Thousands of Marylanders   •   SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Honda Motor Co., Ltd. with Losses of $100,000 to Contact t   •   Joaquin Sabina in USA   •   The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Veru Inc. (VERU)   •   US Fertility founding partner Shady Grove Fertility (SGF) announces Egg Freezing for Surgical Residents Program in celebration o   •   Worldwide Shipments of Tablets and Chromebooks Declined Sharply in 2022, According to IDC Tracker   •   TWO PUBLIC ALLIES ALUMNI JOIN THE NATIONAL BOARD OF DIRECTORS   •   Scottsdale Tesla Drivers Club and PS Academy Arizona Work Together on Tesla Cybertruck Build   •   Conemaugh Miners Medical Center and Conemaugh Meyersdale Medical Center Achieve Designation as Lifepoint Health National Quality   •   General Dynamics Elects Richard Clarke to Board of Directors   •   Feinstein Institutes researcher discovers potential therapeutic target for lethal sepsis   •   Hyundai and TEN Advertising Develop Their First Asian American Campaign "My Love, My Son-in-Law" for the Tucson SUV   •   INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Invivyd, Inc. f/k/   •   Government of Canada to support clean air and local economic growth by powering federal operations in Alberta and Saskatchewan w   •   American Marketing Association San Diego Launches New Sandie Awards and Opens Call for Entries   •   The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Affirm Holdings, Inc.
Bookmark and Share

ALERT: Investors in Veru Inc. with Substantial Losses Have Opportunity to Lead Class Action Lawsuit – VERU

SAN DIEGO , December 10 /Businesswire/ - Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Veru Inc. (NASDAQ: VERU) common stock between May 11, 2022 and November 9, 2022, both dates inclusive (the “Class Period”) have until February 6, 2023 to seek appointment as lead plaintiff in the Veru class action lawsuit. Captioned Ewing v. Veru Inc., No. 22-cv-23960 (S.D. Fla.), the Veru class action lawsuit charges Veru and certain of its top executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Veru class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-veru-inc-class-action-lawsuit-veru.html

You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com.

CASE ALLEGATIONS: Veru is primarily an oncology-based biopharmaceutical company that develops drugs for the management of breast and prostate cancers. Veru “opportunistically” developed sabizabulin (VERU-111), an orally administered “microtubule disruptor” for the treatment of COVID-19 in hospitalized patients at high risk for acute respiratory distress syndrome.

The Veru class action lawsuit alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose material adverse facts about the data from the sabizabulin Phase 3 trial and Veru’s interactions with the U.S. Food & Drug Administration (“FDA”). Specifically, Veru misled shareholders to believe the data from the Phase 3 trial was sufficient to support Emergency Use Authorization (“EUA”) and the submission of a New Drug Application without any further studies. Veru’s filings therefore concealed the true risks faced by Veru in gaining approval for its EUA request.

On November 9, 2022, the FDA’s Pulmonary-Allergy Drugs Advisory Committee (“AdCom”) voted against granting Veru’s EUA request by an 8-5 margin. One AdCom member who voted against EUA approval explained that there was “no direct evidence to support [sabizabulin’s] antiviral activity.” On this news, Veru’s stock price fell approximately 54%, damaging investors.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Veru common stock during the Class Period to seek appointment as lead plaintiff in the Veru class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Veru class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Veru class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Veru class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller is one of the world’s leading complex class action firms representing plaintiffs in securities fraud cases. The Firm is ranked #1 on the 2021 ISS Securities Class Action Services Top 50 Report for recovering nearly $2 billion for investors last year alone – more than triple the amount recovered by any other plaintiffs’ firm. With 200 lawyers in 9 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Attorney advertising.

Past results do not guarantee future outcomes.

Services may be performed by attorneys in any of our offices.


STORY TAGS: Class Action Lawsuit, Professional Services, Legal, United States, North America, California, Lawsuit,

Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News