NEW
YORK, March 11, 2024 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders
of BioVie Inc..
Shareholders who purchased shares of BIVI during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/biovie-loss-submission-form/?id=70013&from=4
CLASS PERIOD: August 5,
2021 to November 29, 2023
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (1) BioVie
was not conducting proper oversight of its Phase 3 clinical trial;
(2) the COVID-19 pandemic significantly and negatively impacted the
Company's ability to adequately conduct proper oversight of the
Phase 3 clinical trial; (3) due to lack of proper oversight and
reliance on contract research organizations, the data from
defendants' Phase 3 clinical trial faced a greater risk of being
unreliable and that the majority of patients would have to be
excluded from the clinical trial; (4) as a result of the
significant exclusions from the trial results, the Phase 3 clinical
trial would fail to meet its primary endpoints; and (5) statements
about BioVie's business, operations, prospects, and compliance with
current good clinical practices were materially false and/or
misleading and/or lacked a reasonable basis at all relevant
times.
DEADLINE: March 19,
2024 Shareholders should not delay in registering
for this class action. Register your information here:
https://securitiesclasslaw.com/securities/biovie-loss-submission-form/?id=70013&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of BIVI during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is March 19, 2024. There is no cost
or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content to download
multimedia:https://www.prnewswire.com/news-releases/biovie-inc-class-action-the-gross-law-firm-reminds-biovie-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-march-19-2024--bivi-302084438.html
SOURCE The Gross Law Firm