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Deadline on July 20, 2020, coming up in Lawsuit filed for Investors in shares of CytomX Therapeutics, Inc. (NASDAQ: CTMX)

07-01-2020 02:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on July 20, 2020 in the lawsuit for certain investors in CytomX Therapeutics, Inc. (NASDAQ: CTMX).

A Deadline is coming up on July 20, 2020 in the lawsuit for certain investors in CytomX Therapeutics, Inc. (NASDAQ: CTMX).

The Shareholders Foundation announced that a deadline is coming up on July 20, 2020 in the lawsuit filed for certain investors of CytomX Therapeutics, Inc. (NASDAQ: CTMX) over alleged securities laws violations by CytomX Therapeutics, Inc.

Investors who purchased shares of CytomX Therapeutics, Inc. (NASDAQ: CTMX) have certain options and there are strict and short deadlines running. Deadline: July 20, 2020. NASDAQ: CTMX 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 Northern District of California the plaintiff alleges on behalf of purchasers of CytomX Therapeutics, Inc. (NASDAQ: CTMX common shares between May 17, 2018, and May 13, 2020, that the defendants violated Federal Securities Laws.

More specifically, the plaintiff claims that between May 17, 2018, and May 13, 2020, the defendants failed to disclose to investors that CytomX had downplayed issues with CX-072’s efficacy observed in the PROCLAIM-CX-072 clinical program, that CytomX had similarly downplayed issues with CX-2009’s efficacy and safety observed in the PROCLAIM-CX-2009 clinical program, and that as a result, the Company’s public statements were materially false and misleading at all relevant times.

Those who purchased shares of CytomX Therapeutics, Inc. (NASDAQ: CTMX) 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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