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Investigation announced for Investors in NASDAQ: MRTX shares over possible Violations of Securities Laws by Mirati Therapeutics, Inc.

11-06-2021 03:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Mirati Therapeutics, Inc. (NASDAQ: MRTX) shares over potential securities laws violations.

An investigation for investors in Mirati Therapeutics, Inc. (NASDAQ: MRTX) shares over potential securities laws violations.

Mirati Therapeutics, Inc. is under investigation over potential securities laws violations in connection with certain financial statements.

Investors who purchased shares of Mirati Therapeutics, Inc. (NASDAQ: MRTX), 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 Mirati Therapeutics, Inc. (NASDAQ: MRTX) concerning whether a series of statements by Mirati Therapeutics, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Diego, CA based Mirati Therapeutics, Inc., a clinical-stage oncology company, develops product candidates to address the genetic and immunological promoters of cancer in the United States. Mirati Therapeutics, Inc. reported that its annual Total Revenue rose from $3.33 million in 2019 to $13.39 million in 2020, and that its Net Loss increased from $212.25 million in 2019 to $357.93 million in 2020.

On November 1, 2021, Mirati Therapeutics, Inc., in an SEC filing, disclosed that certain executives would no longer be serving in their positions. In the filing, the Company stated, “

On October 28, 2021, it was determined that Daniel R. Faga would cease serving as the Executive Vice President, Chief Operating Officer and principal financial officer of Mirati Therapeutics, Inc. (the “Company”) and that Joseph Leveque would cease serving as the Company’s Executive Vice President and Chief Medical Officer, effective as of November 1, 2021.”

Shares of Mirati Therapeutics, Inc. (NASDAQ: MRTX) declined from $195.99 per share on October 25, 2021, to $157.00 per share on November 3, 2021.

Those who purchased shares of Mirati Therapeutics, Inc. (NASDAQ: MRTX) 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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