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Deadline on Oct. 16th coming up in Lawsuit for certain investors in Infinity Pharmaceuticals, Inc. (NASDAQ: INFI)

10-04-2023 09:26 PM CET | Associations & Organizations

Press release from: Shareholders Foundation

A Deadline is coming up on October 16, 2023 in the lawsuit for certain investors in Infinity Pharmaceuticals, Inc. (NASDAQ: INFI)

A Deadline is coming up on October 16, 2023 in the lawsuit for certain investors in Infinity Pharmaceuticals, Inc. (NASDAQ: INFI)

A deadline is coming up on October 16, 2023 in the lawsuit filed for certain investors of Infinity Pharmaceuticals, Inc. (NASDAQ: INFI) over alleged securities laws violations by Infinity Pharmaceuticals, Inc. (NASDAQ: INFI).

Investors who purchased shares of Infinity Pharmaceuticals, Inc. (NASDAQ: INFI)
have certain options and there are strict and short deadlines running. Deadline: October 16, 2023. NASDAQ: INFI 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 Massachusetts the plaintiff alleges on behalf of purchasers of Infinity Pharmaceuticals, Inc. (NASDAQ: INFI) common shares between January 5, 2022 and July 24, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between January 5, 2022 and July 24, 2023, the Defendants failed to disclose to investors that Infinity Pharmaceuticals, Inc. overstated its prospects for a breast cancer treatment, that Infinity Pharmaceuticals, Inc. was overly optimistic about its breast cancer studies, that all the foregoing, once revealed, was likely to negatively impact Infinity's business, financial results, and reputation, and that as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of Infinity Pharmaceuticals, Inc. (NASDAQ: INFI) 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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