Press release
Deadline on Sept. 14, 2020 in Lawsuit for Investors in shares of Verrica Pharmaceuticals Inc. (NASDAQ: VRCA)
A Deadline is coming up on September 14, 2020 in the lawsuit for certain investors in Verrica Pharmaceuticals Inc. (NASDAQ: VRCA).
Investors who purchased shares of Verrica Pharmaceuticals Inc. (NASDAQ: VRCA) have certain options and there are strict and short deadlines running. Deadline: September 14, 2020. NASDAQ: VRCA 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 Eastern District of Pennsylvania the plaintiff alleges on behalf of purchasers of Verrica Pharmaceuticals Inc. (NASDAQ: VRCA) common shares between September 16, 2019 and June 29, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between September 16, 2019 and June 29, 2020, the defendants failed to disclose to investors that the Company’s proprietary applicator used for VP-102 posed certain safety risks if the instructions were not properly followed that, as a result, Verrica would incorporate certain user features to mitigate the safety risk, that the addition of the user feature would require additional testing for stability supportive data, that, as a result of the foregoing, regulatory approval for VP-102 was reasonably likely to be delayed, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Verrica Pharmaceuticals Inc. (NASDAQ: VRCA) 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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