INVESTOR ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit against Insmed Incorporated & Encourages Investors ...
22 Juillet 2016 - 7:25PM
Business Wire
Goldberg Law PC (www.Goldberglawpc.com) announces that a class
action lawsuit has been filed against Insmed Incorporated ("Insmed"
or the "Company") (Nasdaq: INSM). Investors who purchased or
otherwise acquired shares between March 18, 2013 and June 8, 2016
(the “Class Period”), are encouraged to contact the firm in advance
of the September 13, 2016 lead plaintiff
motion deadline.
If you are a shareholder who suffered a loss during the Class
Period, click here to participate. In addition, we advise
you to contact Michael Goldberg or Brian Schall, of Goldberg Law
PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at
800-977-7401, to discuss your rights without cost to you. You can
also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
According to the Complaint, Insmed made false and/or misleading
statements and/or failed to disclose that: the data on which
Insmed’s European marketing authorization application relied for
its lead product candidate for the treatment of NTM lung disease,
Arikayce, was not likely to support approval by the European
Medicines Agency (“EMA”); Arikayce’s approval by the EMA for the
treatment of NTM lung disease and subsequent commercialization in
Europe were thus less likely than the Company had led investors to
believe; and as a result of the above, Insmed’s public statements
were materially false and misleading at all relevant times.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160722005732/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.comwww.Goldberglawpc.com
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