Press release
Investigation announced for Long-Term Investors in shares of Ventyx Biosciences, Inc. (NASDA: VTYX) over potential Wrongdoing
An investigation on behalf of current long term investors in Ventyx Biosciences, Inc. (NASDA: VTYX) shares.
Investors who are current long term investors in Ventyx Biosciences, Inc. (NASDA: VTYX) 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 NASDA: VTYX stocks follows a lawsuit filed against Ventyx Biosciences, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDA: VTYX stocks, concerns whether certain Ventyx Biosciences, 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 California the plaintiff alleges that, Ventyx Biosciences, Inc. failed to disclose that VTX958 was less effective in treating psoriasis than the Company had led investors to believe, that as a result, VTX958's clinical and/or commercial prospects were overstated, that accordingly, the Company had misrepresented its ability to develop and commercialize effective product candidates, that Ventyx's post-IPO business prospects were thus inflated, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Ventyx Biosciences, Inc. (NASDA: VTYX) 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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