Press release
Investigation announced for Investors in shares of CEL-SCI Corporation (NYSE: CVM) Investor Alert: Investigation over possible Violations of Securities Laws
An investigation for investors in CEL-SCI Corporation (NYSE: CVM) shares over potential securities laws violations by CEL-SCI Corp
Investors who purchased shares of CEL-SCI Corporation (NYSE: CVM), 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 possible claims on behalf of purchasers of the securities of CEL-SCI Corporation (NYSE: CVM) concerning whether a series of statements by CEL-SCI Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Vienna, VA based CEL-SCI Corporation engages in the research and development of immunotherapy for the treatment of cancer and other diseases.
CEL-SCI Corporation reported that its Net Loss increased from $22.13 million for the 12 months period that ended on September 30, 2019 to $30.25 million for the 12 months period that ended on September 30, 2020.
On June 28, 2021, CEL-SCI Corporation announced that the Phase 3 study for the Company's Multikine (leukocyte interleukin) immunotherapy candidate missed its primary endpoint for primary (previously untreated) squamous cell carcinoma of the head and neck.
Shares of CEL-SCI Corporation (NYSE: CVM) declined from $27.28 per share June 28, 201 to as low as $7.08 per share on July 2, 2021.
Those who purchased shares of CEL-SCI Corporation (NYSE: CVM), 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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