Investors who hold shares of ESSA Pharma Inc. (NASDAQ: EPIX) Long Term should contact the Shareholders Foundation in connection with Investigation

An investigation was announced for long-term investors in shares of ESSA Pharma Inc. (NASDAQ: EPIX) concerning potential breaches of fiduciary duties by certain directors of ESSA Pharma Inc.

Investors who are current long term investors in ESSA Pharma Inc. (NASDAQ: EPIX) 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: EPIX stocks follows a lawsuit filed against ESSA Pharma Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: EPIX stocks, concerns whether certain ESSA Pharma 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 Eastern District of Wisconsin the plaintiff alleges that, the Defendants made false and/or misleading statements and/or failed to disclose that masofaniten in combination with enzalutamide had no clear efficacy benefit over enzalutamide alone, that accordingly, masofaniten in combination with enzalutamide was less effective in treating prostate cancer than Defendants had led investors to believe, that the M-E Combination Study was unlikely to meet its prespecified Phase 2 primary endpoint, that accordingly, Defendants had overstated masofaniten's clinical, regulatory, and commercial prospects, and that as a result, Defendants' public statements were materially false and misleading at all relevant times.

Those who purchased shares of ESSA Pharma Inc. (NASDAQ: EPIX) 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.

This release was published on openPR.