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Deadline on July 20th coming up ion Lawsuit for Investors in Provention Bio, Inc. (NASDAQ: PRVB)

06-29-2021 08:56 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on July 20, 2021 in the lawsuit for certain investors in Provention Bio, Inc. (NASDAQ: PRVB).

A Deadline is coming up on July 20, 2021 in the lawsuit for certain investors in Provention Bio, Inc. (NASDAQ: PRVB).

A deadline is coming up on July 20, 2021 in the lawsuit filed for certain investors of Provention Bio, Inc. (NASDAQ: PRVB) over alleged securities laws violations by Provention Bio, Inc.

Investors who purchased shares of Provention Bio, Inc. (NASDAQ: PRVB) have certain options and there are strict and short deadlines running. Deadline: July 20, 2021. NASDAQ: PRVB 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 District of New Jersey the plaintiff alleges on behalf of purchasers of Provention Bio, Inc. (NASDAQ: PRVB) common shares between November 2, 2020 and April 8, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 2, 2020 and April 8, 2021, the defendants made false and/or misleading statements and/or failed to disclose that the teplizumab BLA was deficient in its submitted form and would require additional data to secure FDA approval, that accordingly, the teplizumab BLA lacked the evidentiary support the Company had led investors to believe it possessed, that the Company had thus overstated the teplizumab BLA's approval prospects and hence the commercialization timeline for teplizumab, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Provention Bio, Inc. (NASDAQ: PRVB) have certain options and should contact the Shareholders Foundation.

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 lawsuits, 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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