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Deadline on October 9th coming up in Lawsuit for Investors in shares of MEI Pharma, Inc. (NASDAQ: MEIP)

09-23-2020 07:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on October 9, 2020 in the lawsuit for certain investors in MEI Pharma, Inc. (NASDAQ: MEIP).

A Deadline is coming up on October 9, 2020 in the lawsuit for certain investors in MEI Pharma, Inc. (NASDAQ: MEIP).

A deadline is coming up on October 9, 2020 in the lawsuit filed for certain investors of MEI Pharma, Inc. (NASDAQ: MEIP) over alleged securities laws violations by MEI Pharma, Inc.

Investors who purchased shares of MEI Pharma, Inc. (NASDAQ: MEIP) have certain options and there are strict and short deadlines running. Deadline: October 9, 2020. NASDAQ: MEIP 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 California the plaintiff alleges on behalf of purchasers of MEI Pharma, Inc. (NASDAQ: MEIP) common shares between August 2, 2017, and July 1, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 2, 2017, and July 1, 2020, the Defendants made false and/or misleading statements and/or failed to disclose that MEI Pharma had overstated Pracinostat's potential efficacy as an AML treatment for the target population, that consequently, the Phase 3 Pracinostat Trial was unlikely to meet its primary endpoint of overall survival, that all the foregoing, once revealed, was foreseeably likely to have a material negative impact on the Company's financial condition and prospects for Pracinostat, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of MEI Pharma, Inc. (NASDAQ: MEIP) have certain options and should contact the Shareholders Foundation.

Media Contact:
Christopher Clausen
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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