Press release
Investors who lost money with Akero Therapeutics, Inc. (NASDAQ: AKRO) should contact the Shareholders Foundation in connection with a pending Investigation
An investigation for investors in Akero Therapeutics, Inc. (NASDAQ: AKRO) shares over potential securities laws violations.
Investors who purchased shares of Akero Therapeutics, Inc. (NASDAQ: AKRO), 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 Akero Therapeutics, Inc. (NASDAQ: AKRO) concerning whether a series of statements by Akero Therapeutics, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
San Francisco, CA based Akero Therapeutics, Inc., together with its subsidiary, engages in the development of treatments for patients with serious metabolic diseases in the United States. Akero Therapeutics, Inc. (NASDAQ: AKRO
On October 10, 2023, Akero Therapeutics, Inc posted interim data from its Phase 2b SYMMETRY trial for its lead candidate efruxifermin ("EFX") in patients with liver disorder nonalcoholic steatohepatitis ("NASH"). Specifically, the Company stated that 22% (28mg) and 24% (50mg) of those on EFX and 14% on placebo indicated at least one stage improvement in fibrosis with no worsening of NASH at week 36, the trial's primary endpoint, but that these changes were not statistically significant. In addition, Akero Therapeutics, Inc added that 12 patients, including 11 in EFX groups, discontinued the trial due to drug-related adverse events.
Shares of Akero Therapeutics, Inc. (NASDAQ: AKRO) declined from $58.00 per share in June 2023, to as low as $11.25 per share on October 27, 2023.
Those who purchased shares of Akero Therapeutics, Inc. (NASDAQ: AKRO) 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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