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Deadline on August 30th coming up in Lawsuit for Investors in Acer Therapeutics Inc. (NASDAQ: ACER)

08-20-2019 06:33 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on August 30, 2019 in the lawsuit for certain investors in Acer Therapeutics Inc. (NASDAQ: ACER).

A Deadline is coming up on August 30, 2019 in the lawsuit for certain investors in Acer Therapeutics Inc. (NASDAQ: ACER).

The Shareholders Foundation announced that a deadline is coming up on August 30, 2019 in the lawsuit filed for certain investors of Acer Therapeutics Inc. (NASDAQ: ACER) over alleged securities laws violations by Acer Therapeutics Inc.

Investors who purchased shares of Acer Therapeutics Inc. (NASDAQ: ACER) have certain options and there are strict and short deadlines running. Deadline: August 30, 2019. NASDAQ: ACER stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of Acer Therapeutics Inc. (NASDAQ: ACER) common shares between September 25, 2017 and June 24, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between September 25, 2017 and June 24, 2019, the Defendants made false and/or misleading statements and/or failed to disclose that Acer lacked sufficient data to support filing EDSIVO’s NDA with the FDA for the treatment of vEDS, that the Ong Trial was an inadequate and ill-controlled clinical study by FDA standards, and was comprised of an insufficiently small group size to support EDSIVO’s NDA, that consequently, the FDA would likely reject EDSIVO’s NDA, and that as a result, the Company’s public statements were materially false and misleading at all relevant times.

Those who purchased shares of Acer Therapeutics Inc. (NASDAQ: ACER) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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