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Investigation announced for Investors in shares of Legend Biotech Corporation (NASDAQ: LEGN)

09-30-2020 11:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Legend Biotech Corporation (NASDAQ: LEGN) shares over potential securities laws violations.

An investigation for investors in Legend Biotech Corporation (NASDAQ: LEGN) shares over potential securities laws violations.

An investigation was announced concerning potential securities laws violations by Legend Biotech Corporation in connection with certain financial statements.

Investors who purchased shares of Legend Biotech Corporation (NASDAQ: LEGN), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Legend Biotech Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Somerset, NJ based Legend Biotech Corporation, a clinical-stage biopharmaceutical company, engages in the discovery and development of novel cell therapies for oncology and other indications. On September 21, 2020, Legend Biotech Corporation disclosed that the Customs Anti-Smuggling Department of China inspected Legend Biotech’s location in Nanjing. According to Legend Biotech Corporation, the inspection was in connection with what Legend understands to be an investigation relating to suspected violations of import and export regulations under the laws of China.

Shares of Legend Biotech Corporation (NASDAQ: LEGN) declined from $33.74 per share on September 18, 2020 to $24.64 per share on September 21, 2020.

Those who purchased shares of Legend Biotech Corporation (NASDAQ: LEGN) 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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