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Deadline on September 12th coming up in Lawsuit for Investors in Rain Oncology Inc. (NASDAQ: RAIN)

08-29-2023 07:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on September 12, 2023 in the lawsuit for certain investors in Rain Oncology Inc. (NASDAQ: RAIN).

A Deadline is coming up on September 12, 2023 in the lawsuit for certain investors in Rain Oncology Inc. (NASDAQ: RAIN).

A deadline is coming up on September 12, 2023 in the lawsuit filed for certain investors of Rain Oncology Inc. (NASDAQ: RAIN) over alleged securities laws violations by Rain Oncology Inc. (NASDAQ: RAIN).

Investors who purchased shares of Rain Oncology Inc. (NASDAQ: RAIN) have certain options and there are strict and short deadlines running. Deadline: September 12, 2023. NASDAQ: RAIN 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 Northern District of California the plaintiff alleges on behalf of purchasers of Rain Oncology Inc. (NASDAQ: RAIN) common shares between July 20, 2021 to May 19, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between July 20, 2021 to May 19, 2023, the defendants made false and/or misleading statements and/or failed to disclose that the Company concealed risks inherent in the design of its Phase 3 MANTRA study particularly with regard to proceeding directly to Phase 3 from Phase 1; and that as a result, the Company's statements about the trial and the likelihood of FDA approval were materially misleading between July 20, 2021 to May 19, 2023.

Those who purchased shares of Rain Oncology Inc. (NASDAQ: RAIN) 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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