Monthly Archives: March 2017

IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Natus Medical Incorporated and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 15, 2017 / Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Natus Medical Incorporated (“Natus” or the “Company”) (NASDAQ: BABY). Investors, who purchased or otherwise acquired Natus shares between October 16, 2015 and April 3, 2016 inclusive (the “Class Period”), are encouraged to contact the firm in advance of the March 31, 2016 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the Complaint, during the Class Period, Natus released materially false and/or misleading statements, as well as failed to disclose material adverse facts about its business, operations, and prospects, including that: the government of Venezuela was unable to spend tens of millions of dollars in prepayments to Natus, needed in October 2015; that Natus did not have the capacity to effectively enforce its rights under its supply contract; Natus’ revenues related to the supply contract were dependent on the results of Venezuelan elections; and as therefore, Natus could not actually achieve the increased guidance offered by Defendants, which lacked a reasonable basis.

When this information was revealed to the public, the value of Natus Medical Incorporated stock declined, causing investors serious harm.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 457367

Arrowhead Business and Investment Decisions Initiates Analyst Coverage of Eagle Graphite

TORONTO, ON / ACCESSWIRE / March 15, 2017 / Eagle Graphite Incorporated (TSX-V: EGA) (OTC PINK: APMFF) (“Eagle Graphite” or the “Company”) is pleased to acknowledge initiation of analyst coverage by Arrowhead Business and Investment Decisions (“ABID” or “Arrowhead”). ABID is based in New York City, and provides independent research and investor relations through its institutional and private investor network.

Arrowhead’s coverage of Eagle Graphite is available at the ABID website.

Reports on Eagle Graphite prepared by analysts represent the views of such analysts and are not necessarily those of the Company. Although the Company has paid a fee to Arrowhead to provide its independent research opinion (much in the way that fees are paid to bond-rating agencies and auditors for their opinions), the Company is not responsible for the content, accuracy, or timelines contained in an analyst’s report. The fee paid for independent research was not dependent on the opinion provided. In addition, readers should be aware, and are cautioned, that opinions, estimates, or forecasts contained in research analyst reports are not subject to the requirements of Canadian National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101”) and have not received any endorsement or approval by the Company. The Company does not imply or in any way represent that any of the reports, opinions, estimates, or forecasts regarding Eagle Graphite made by research analysts conforms with NI 43-101 or represent the opinions or beliefs of the Company or its management or representatives. Readers should refer only to information filed by the Company, including its technical report(s) relating to the Black Crystal Graphite Project, for information prepared in accordance with NI 43-101.

For further information, please contact:

Eagle Graphite
Jamie Deith, CEO
Tel: +1-877-472-3483
Email: ir@eaglegraphite.com

Arrowhead Business and Investment Decisions
Daniel Renaud, Managing Director
Tel: +1 212 619 6889
Email: eagle@arrowheadbid.com

About Eagle Graphite

Eagle Graphite Incorporated is an Ontario company that owns one of only two natural flake graphite production facilities in North America, located 35 kilometres west of the city of Nelson in British Columbia, Canada, and 70 kilometres north of the state of Washington, USA, known as the Black Crystal graphite quarry. The Company’s shares are listed on the TSX-V under the symbol “EGA,” on the Frankfurt Stock Exchange under the symbol “NJGP,” and on the US OTC market under the symbol “APMFF.”

About Arrowhead

Arrowhead Business and Investment Decisions is a family-owned New York City-based financial services provider, which was founded in 2008, and which puts perspective, insight, and advice at the disposal of its partners in the business community. Arrowhead maintains the www.abid.co private network to facilitate information exchange between investors and company managements.

Cautionary Statements

Disclosure Regarding Forward-Looking Statements: This press release contains certain “forward-looking information” within the meaning of applicable securities legislation. Such information is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking information and accordingly, readers should not place undue reliance on such information. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. In evaluating forward-looking information, readers should carefully consider the various factors which could cause actual results or events to differ materially from those expressed or implied in the forward-looking information. The statements in this press release are made as of the date of this release. The Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company or its securities, its financial or operating results, as applicable.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Eagle Graphite Incorporated

ReleaseID: 457374

BANC SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Banc of California, Inc., and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 15, 2017 / Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Banc of California, Inc. (“Banc of California” or the “Company”) (NYSE: BANC) concerning possible violations of federal securities laws between August 7, 2015 and January 23, 2017, inclusive (the “Class Period”). Investors, who purchased or otherwise acquired shares during the Class Period, should contact the firm prior to the March 24, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

Seeking Alpha released an article claiming that Banc of California had concealed several connections between it and Jason Galanis, who has been convicted of criminal securities fraud. Specifically, the Complaint maintains that: Banc of California CEO, Jason Sugarman, was the founder, CEO, and indirect owner of a company controlled by Galanis; and that separately, Galanis controlled Banc of California’s founding shareholder. The Complaint further claims that Banc of California was using an off-balance sheet entity to render loans to insiders.

Then, on November 10, 2016, Banc of California revealed it would be stalling the filing of its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2016 so that its Special Committee could complete a review into the aforementioned improper relationships and related party transactions. On January 23, 2017, Banc of California stated that the Securities and Exchange Commission is pursuing a formal order of investigation directed at these same issues.

When this news was released to the public, the value of Banc dropped, causing investors serious harm.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 457362

IMPORTANT INVESTOR NOTICE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Alcobra, Ltd., and Encourages Investors with Losses to Contact the Firm

IRVINE, CA / ACCESSWIRE / March 15, 2017 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Alcobra, Ltd. (“Alcobra” or the “Company”) (NASDAQ: ADHD). Investors, who purchased or otherwise acquired shares between August 13, 2015 and January 17, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the April 18, 2017 lead plaintiff deadline.

If you purchased shares of Alcobra during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

Alcobra is a biopharmaceutical company that makes and markets oral drug candidates. On January 17, 2017, Alcobra disclosed that the Company’s attention deficit hyperactivity disorder drug, Metadoxine Extended Release, could not reach its primary endpoint during a Phase 3 trial. When this information was disclosed to the public, the value of Alcobra declined, causing investors harm.

If you wish to learn more about this lawsuit, at no charge, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contact:

Joon M. Khang, Esq.

Telephone: 949-419-3834

Facsimile: 949-225-4474

joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 457360

INVESTOR NOTICE: Khang & Khang LLP Announces Securities Class Action Lawsuit against The Western Union Company, and Encourages Investors with Losses to Contact the Firm

IRVINE, CA / ACCESSWIRE / March 15, 2017 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against The Western Union Company (“Western Union” or the “Company”) (NYSE: WU). Investors, who purchased or otherwise acquired Western Union securities on the open market between February 24, 2012 and January 19, 2017, both dates inclusive (the “Class Period”), are advised to contact the firm prior to the March 27, 2017 lead plaintiff deadline.

If you purchased shares of Western Union during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

On January 19, 2017, the U.S. Department of Justice and the Federal Trade Commission revealed that Western Union confessed to “aiding and abetting wire fraud” by permitting illicit money transfers to benefit human traffickers, money laundering schemes, and otherwise enable the transfer of “dirty money.”

Western Union also admitted agents were covering money laundering transactions to avoid detection. The Company has agreed on a $586 million settlement. When this information was announced to the public, the value of Western Union fell, causing investors harm.

If you wish to learn more about this lawsuit, at no charge, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contact:

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 457361

American CuMo Mining Announces US$1 Million Instalment Payment

VANCOUVER, BC / ACCESSWIRE / March 15, 2017 / American CuMo Mining Corporation (TSXV: MLY) (OTC PINK: MLYCF) (“CuMoCo” or the “Company”), along with its subsidiaries Idaho CuMo Mining Corporation and Poly Resources LLC (“Poly”), is pleased to announce that a payment of US$1 million, representing the first instalment payment of the first private placement of US$10 million, as per the binding Memorandum of Understanding entered with Millennia Minerals Pte Ltd. (Singapore) (“Millennia”) (see February 27, 2017 News Release), has been sent to Poly’s bank account in Boise, Idaho. The funds will be available upon final legal review of the Definitive Agreement.

Representatives of Millennia are actively working together with CuMoCo team members on the ground in Boise and continue driving this new strategic financial relationship forward.

Mr. Shaun M. Dykes, M.Sc. (Eng), P.Geo., President and CEO of the Company is the designated qualified person for the CuMo Project, and prepared the technical information contained in this news release.

About CuMoCo

CuMoCo is focused on advancing its CuMo Project towards feasibility and establishing itself as one of the largest and lowest-cost molybdenum producers in the world as well as a significant producer of copper and silver. CuMoCo also intends to advance its newly-acquired Calida Gold Project. Management is continuing to build an even stronger foundation from which to move the Company and its projects forward. For more information, please visit www.cumoco.com, www.idahocumo.com and www.cumoproject.com.

For further information, please contact:

American CuMo Mining Corporation

Shaun Dykes, President and Chief Executive Officer
Tel: (604) 689-7902
Email: info@cumoco.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this new release.

Forward-looking information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation including, but not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, such the Company’s ability to move its CuMo Project to feasibility and production, and to become one of the largest and lowest-cost molybdenum producers in the world as well as a significant producer of copper and silver. Forward-looking information is based on a number of material factors and assumptions, including the result of exploration activities, the ability of the Company to raise the financing for a feasibility study and to put the CuMo project into production, that no labour shortages or delays are experienced, that plant and equipment function as specified that the Court will not intervene with the Company’s proposed exploration activities at the CuMo Project, and the ability of the Company to obtain all requisite permits and licenses to advance the CuMo Project and eventually bring it into production. Forward-looking information involves known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future prediction, projection or forecast expressed or implied by the forward-looking information. Such factors include, among others, the interpretation and actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of molybdenum, silver and copper; possible variations in grade or recovery rates; labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing, as well as those factors disclosed in the Company’s publicly filed documents, including the Company’s Management’s Discussion and Analysis for the period ended December 31, 2016. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

SOURCE: CuMo Mining Corporation

ReleaseID: 457369

Patrick J. Willcutts Earns Corporate Retirement Director (CRD) Designation

SPRINGFIELD, MA / ACCESSWIRE / March 15, 2017 / Morgan Stanley today announced that Vice President and Financial Advisor Patrick J. Willcutts, of the Firm’s Springfield office, has been designated as a Corporate Retirement Director (CRD).

Willcutts earned the CRD designation after advanced training and examination, focusing exclusively on the corporate retirement plan marketplace. The curriculum involves in-depth study of plan design, investment strategy, plan administration, fiduciary issues, and other related retirement topics. In addition to completing the course work, Financial Advisors must meet certain requirements with regards to retirement assets and industry experience. Of Morgan Stanley’s 16,000 Financial Advisors, Willcutts is among only approximately two percent of the firm’s advisors who have qualified for this prestigious designation.

The CRD designation recognizes Financial Advisors who have dedicated their practice to helping corporate clients manage their retirement plans. The services the firm’s Corporate Retirement Directors can offer include assistance with: plan evaluation, vendor selection, investment review and selection, fee and service benchmarking, and educating employees on topics critical to retirement security.

“Morgan Stanley is pleased to recognize Patrick for his proven ability to help retirement plan sponsors manage their responsibilities in today’s complicated retirement environment,” said Jeffrey Keller, Executive Director and Head of Corporate Retirement Services for Morgan Stanley. “The Corporate Retirement Directors represent the backbone of our commitment to the retirement industry. We are confident that through their outstanding leadership, extensive training, and commitment to excellence, Morgan Stanley will continue to lead the industry by providing our clients with the highest level of service possible.”

Willcutts graduated from Syracuse University with a Bachelor’s degree in Economics, has more than 25 years’ experience in the financial services industry, and has been with Morgan Stanley since 2008. He also holds both the Certified Private Wealth Advisor® (CPWA®) and the Certified Investment Management Analyst® (CIMA®) designations, awarded by the Investment Management Consultants Association® (IMCA®) in conjunction with a top 20 business school registered with IMCA®. The CPWA® was awarded in conjunction with the University of Chicago Booth School of Business, and the CIMA® was awarded in conjunction with the University of Pennsylvania’s Wharton School of Business. Willcutts also holds the Chartered Retirement Plans Specialist® and the CERTIFIED FINANCIAL PLANNERTM designations.

Patrick enjoys his volunteer work with disabled children and adults in Adaptive Sports programs throughout New England. A native of West Springfield, Massachusetts, he currently lives in West Hartford, Connecticut with his wife and five-year old son.

Morgan Stanley Wealth Management, a global leader, provides access to a wide range of products and services to individuals, businesses, and institutions, including brokerage and investment advisory services, financial and wealth planning, cash management and lending products and services, annuities and insurance, retirement and trust services.

Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management, and investment management services. With offices in more than 42 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions, and individuals.

For further information about Morgan Stanley, please visit www.morganstanley.com.

IMCA® and INVESTMENT MANAGEMENT CONSULTANTS ASSOCIATION® are registered trademarks of Investment Management Consultants Association Inc. CPWA® and CERTIFIED PRIVATE WEALTH ADVISOR® are registered certification marks of Investment Management Consultants Association Inc.

Investment Management Consultants Association Inc. does not discriminate in educational opportunities or practices on the basis of race, color, religion, gender, national origin, age, disability, or any other characteristic protected by law.

IMCA® and INVESTMENT MANAGEMENT CONSULTANTS ASSOCIATION® are registered trademarks of Investment Management Consultants Association Inc. CIMA®, CERTIFIED INVESTMENT MANAGEMENT ANALYST®, CIMC®, CPWA®, and CERTIFIED PRIVATE WEALTH ADVISOR® are registered certification marks of Investment Management Consultants Association Inc.

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNERTM and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

Contact:

David Swartz
Executive Director
Complex Manager
Morgan Stanley
781-431-6704

SOURCE: Morgan Stanley

ReleaseID: 457364

Arizona Silver Announces Closing of Financing for Gross Proceeds of $1,500,000

VANCOUVER, BC / ACCESSWIRE / March 15, 2017 / Arizona Silver Exploration Inc. (TSX-V: AZS) (the “Company”) is pleased to announce that on March 14, 2017, it received conditional acceptance from the TSX Venture Exchange to close its equity financing for gross proceeds of $1,500,000 (refer to AZS News Release dated February 23, 2017).

In accordance with the provisions of Subscription Agreements, on March 15, 2017, the Company issued a total of 7,500,000 common shares (the “Financing Shares”) at a price of $0.20 per Share.

The Company also issued a total of 407,500 common shares (the “Finders’ Shares”) at a deemed price of $0.20 per Finder’s Share as finders’ fees to two finders.

The Financing Shares and Finders Shares are subject to a hold period under applicable Canadian securities laws expiring on July 16, 2017, and will be subject to such further restrictions on resale as may apply under applicable foreign securities laws.

On behalf of the Board of Directors,

SIGNED: “Mike Stark”

Mike Stark, Non-Executive Chairman and Director
Contact: Mike Stark
Phone: (604) 833-4278

For further information on AZS, please visit our website at www.arizonasilverexploration.com.

The Company’s public documents may be accessed at www.sedar.com.

The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.

This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

SOURCE: Arizona Silver Exploration Inc.

ReleaseID: 457355

SHAREHOLDER ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against DaVita Inc. and Encourages Investors with Losses Exceeding $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 15, 2017 / Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against DaVita Inc. (“DaVita” or the “Company”) (NYSE: DVA). Investors, who purchased or otherwise acquired shares between August 5, 2015 and October 21, 2016, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the April 3, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

On January 6, 2017, the Wall Street Journal announced DaVita had received subpoenas from federal prosecutors for “the production of information related to charitable premium assistance” concerning the Company’s relationship with the American Kidney Fund, a charity that offers financial help for patients undergoing kidney dialysis. When this information was released to the public, the value of DaVita stock fell, causing investors harm.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC

Brian Lundin, Esq.

Telephone: 888-713-1033

Facsimile: 888-713-1125

brian@lundinlawpc.com

http://lundinlawpc.com/

SOURCE: Lundin Law PC

ReleaseID: 457356

SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Egalet Corporation and Encourages Investors with Losses to Contact the Firm

IRVINE, CA / ACCESSWIRE / March 15, 2017 / Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against Egalet Corporation (“Egalet” or the “Company”) (NASDAQ: EGLT). Investors, who purchased or otherwise acquired Egalet shares between December 15, 2015, and January 9, 2017, inclusive (the “Class Period”), are encouraged to contact the firm in advance of the March 28, 2017 lead plaintiff deadline.

If you purchased shares of Egalet during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

On January 9, 2017, Egalet released a statement concerning approval for its product, Arymo ER. The same day, the U.S. Federal Drug Administration stated that a competitor product, MorphaBond, “has marketing exclusivity for labeling describing the expected reduction of abuse of single-entity extended-release morphine by the intranasal route due to physicochemical properties.” Because of MorphaBond’s exclusivity within this market, “no other single-entity extended-release morphine product submitted in an abbreviated new drug application or 505(b)(2) application can be approved for that use at this time.” When this information was revealed to the investing public, the value of Egalet stock fell, causing investors serious harm.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

If you wish to learn more about this lawsuit, at no charge, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contact:

Joon M. Khang, Esq.

Telephone: 949-419-3834

Facsimile: 949-225-4474

joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 457357