Press release
Investigation announced for Long-Term Investors in shares of Checkpoint Therapeutics, Inc. (NASDAQ: CKPT) over potential Wrongdoing
An investigation on behalf of current long term investors in Checkpoint Therapeutics, Inc. (NASDAQ: CKPT) shares.
Investors who are current long term investors in Checkpoint Therapeutics, Inc. (NASDAQ: CKPT) 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: CKPT stocks follows a lawsuit filed against Checkpoint Therapeutics, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: CKPT stocks, concerns whether certain Checkpoint 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 false and/or misleading statements and/or failed to disclose that Checkpoint had overstated its oversight of, and/or its establishment of adequate manufacturing standards and controls over, its third-party contract manufacturers, that accordingly, there were one or more issues with the Company's third-party contract manufacturing organization ("CMO") for cosibelimab, that all the foregoing reduced the likelihood that the FDA would approve the cosibelimab BLA in its present form, that as a result, the manufacturing, regulatory, and commercial prospects of cosibelimab were overstated, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Checkpoint Therapeutics, Inc. (NASDAQ: CKPT) 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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