Press release
Investigation announced for Investors in shares of Brainstorm Cell Therapeutics Inc. (NASDAQ: BCLI) over potential Wrongdoing
An investigation on behalf of current long term investors in Brainstorm Cell Therapeutics Inc. (NASDAQ: BCLI) shares.
Investors who are current long term investors in Brainstorm Cell Therapeutics Inc. (NASDAQ: BCLI) shares, 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 for current long term investors in NASDAQ: BCLI stocks follows a lawsuit filed against Brainstorm Cell Therapeutics Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: BCLI stocks, concerns whether certain Brainstorm Cell Therapeutics Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that, the defendants made materially false and/or misleading statements and/or failed to disclose that Brainstorm Cell downplayed the severity of the Food and Drug Administration's ("FDA") refusal to file letter, that Brainstorm Cell continued to conceal the risks associated with the submission of the biologics license application ("BLA"), and that as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times
Those who purchased shares of Brainstorm Cell Therapeutics Inc. (NASDAQ: BCLI) 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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