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Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) Investor Notice: Update in Lawsuit

01-28-2022 12:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A lawsuit is pending on behalf of investors in Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) shares over alleged securities laws.

A lawsuit is pending on behalf of investors in Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) shares over alleged securities laws.

The Shareholders Foundation announced an update in the lawsuit that is pending for certain investors, who purchased shares of Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI).

Investors who purchased shares of Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) have certain options and for certain investors are short and strict deadlines running. Deadline: November 1, 2021. NASDAQ: SPPI investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On August 31, 2021, a lawsuit was filed against Spectrum Pharmaceuticals, Inc. over securities laws violations. The plaintiff claims that between December 27, 2018 and August 5, 2021, the Defendants made false and/or misleading statements and/or failed to disclose that the ROLONTIS manufacturing facility maintained deficient controls and/or procedures, that the foregoing deficiencies decreased the likelihood that the FDA would approve the ROLONTIS BLA in its current form, that Spectrum had therefore materially overstated the ROLONTIS BLA's approval prospects, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

In November 2021, several investors filed motions to be a pointed to represent investors affected by the filed lawsuit.

Those who purchased shares of Spectrum Pharmaceuticals, Inc. (NASDAQ: SPPI) 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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