Monthly Archives: March 2020

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of WBK, LK and TLRY

NEW YORK, NY / ACCESSWIRE / March 30, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Westpac Banking Corporation (NYSE:WBK)
Class Period: November 11, 2015 to November 19, 2019
Lead Plaintiff Deadline: March 30, 2020

During the class period, Westpac Banking Corporation allegedly made materially false and/or misleading statements and/or failed to disclose that: (1) contrary to Australian law, the Company failed to report over 19.5 million international funds transfer instructions to the Australian Transaction Reports and Analysis Centre ("AUSTRAC"); (2) the Company did not appropriately monitor and assess the ongoing money laundering and terrorism financing risks associated with movement of money into and out of Australia; (3) the Westpac did not pass on requisite information about the source of funds to other banks in the transfer chain; (4) despite being aware of the heightened risks, the Company did not carry out appropriate due diligence on transactions in South East Asia and the Philippines that had known financial indicators relating to child exploitation risks; (5) the Company's Anti-Money Laundering and Counter-Terrorism Financing Policy Program was inadequate to identify, mitigate and manage money laundering and terrorism financing risks; and (6) 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.

Learn about your recoverable losses in WBK: http://www.kleinstocklaw.com/pslra-1/westpac-banking-corporation-loss-submission-form?id=5850&from=1

Luckin Coffee Inc. (NASDAQ:LK)
Class Period: November 13, 2019 to January 31, 2020
Lead Plaintiff Deadline: April 13, 2020

Luckin Coffee Inc. allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) certain of Luckin's financial performance metrics, including per-store per-day sales, net selling price per item, advertising expenses, and revenue contribution from "other products" were inflated; (ii) Luckin's financial results thus overstated the Company's financial health and were consequently unreliable; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in LK: http://www.kleinstocklaw.com/pslra-1/luckin-coffee-inc-loss-submission-form?id=5850&from=1

Tilray, Inc. (NASDAQ:TLRY)
Class Period: January 15, 2019 to March 2, 2020
Lead Plaintiff Deadline: May 5, 2020

The complaint alleges Tilray, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the purported advantages of the marketing and revenue sharing agreement with Authentic Brands Group (the "ABG Agreement")were significantly overstated; (ii) the under performance of the ABG Agreement would foreseeably have a significant impact on the Company's financial results; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in TLRY: http://www.kleinstocklaw.com/pslra-1/tilray-inc-loss-submission-form?id=5850&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

ReleaseID: 583131

Hemp Crop Protection for Cultivators & Investors

HempCBD Investor Magazine Partners with CannaSecure™ Alliance to Market Hemp Crop Protection

ATLANTA, GA / ACCESSWIRE / March 30, 2020 / CannaSecureTM Alliance ("CSA"), a specialized consultant in the Hemp and Cannabis industries and Investor Webcast & Magazine, Inc.., the publisher of an array of Cannabis-related business magazine titles, including CannaInvestor and HempCBD Investor magazines, announced today their marketing partnership for Hemp crop weather protection services for cultivators and investors. Hemp crop weather protection represents a key addition to the parties' previous marketing collaboration to promote online CBD merchant processing and banking services, as well as CRB ecosystem insurance, employee benefits, and propagation services arranged by CSA.

Key features of the CSA Hemp crop weather protection services include:

✓ Customized protection for weather perils impacting hemp grow / harvest success

✓ THC > 0.3% covered if excessive heat peril selected by client and loss trigger reached

✓ Available for both large and small acreage farms

✓ Coverage assignable to investors

✓ No pre-sale or forward contracts required

APPLY NOW! THE APPLICATION WINDOW WILL BE CLOSING SHORTLY.

For Hemp crop weather protection inquiries, please contact John Schilhab at (830) 537-5602, Larry Walters at (203) 979-1216, or send an email to us at info@cannasecurealliance.com.

About CannaSecureTM Alliance

CannaSecureTM Alliance is a specialized consultancy led by a team highly experienced in business development, finance and insurance, with operations throughout the U.S. We assist Hemp and Cannabis industry owners, operators and investors in achieving profitable growth by resolving the critical business challenges of de-risking operational liabilities and exposures relating to property and personnel, and access to finance/capital strategies, sustainable banking and merchant processing, and an array of ecosystem propagation services. For more information, please visit our website at www.cannasecurealliance.com.

About Investor Website and Magazine, Inc.

Investor Website and Magazine, Inc. is the publisher of a number of Cannabis-related business magazine titles, including CannaInvestor and HempCBD Investor magazines. These publications are monthly subscription-based digital magazines with an exclusive focus on Cannabis, Hemp, and CBD finance that delivers convenient insights on publicly-traded and privately-held industry companies through informative articles, company profiles, and market trends that inform and educate global investors. For more information about us, please visit our websites www.cannainvestormag.com, www.cannainvestorcanada.com.

SOURCE: Cannabis Investor Magazine

ReleaseID: 583124

7-Day Deadline Alert: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sasol Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 30, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Sasol Limited ("Sasol" or "the Company") (NYSE:SSL) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between March 10, 2015 and January 13, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before April 6, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Sasol failed to conduct appropriate due diligence on the Lake Charles Chemicals Project ("LCCP"). The LCCP was suffered from significant control weaknesses, delays, cost overruns, and technical glitches in its construction and operation. The Company's management made these problems even worse due to its improper and unethical oversight and financial reporting for the LCCP. The numerous problems with the LCCP were likely to negatively impact the Company's financial performance. Based on these facts the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Sasol, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 583128

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Cronos Group Inc. and Encourages Investors with Losses In Excess of $250,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 30, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cronos Group Inc. ("Cronos" or "the Company") (NASDAQ:CRON) for violations of securities laws.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 583125

SHAREHOLDER DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Tilray, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 30, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Tilray, Inc. ("Tilray" or "the Company") (NASDAQ:TLRY) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between January 15, 2019 and March 2, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before May 5, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Tilray materially overstated the advantages of its marketing and revenue sharing agreement with Authentic Brands Group (the "ABG Agreement"). The failure of the ABG Agreement to perform was likely to have a significant impact on the Company's financial results. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Tilray, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 583123

FINAL DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Beyond Meat, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 30, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Beyond Meat, Inc. ("Beyond Meat" or "the Company") (NASDAQ:BYND) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between May 2, 2019 and January 27, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before March 30, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Beyond Meat's termination of its agreement with its supplier, Don Lee, constituted a breach of that agreement, exposing the Company to legal liability. The Company and its employed falsified a food safety consultant's report, then represented the report as accurate to Don Lee. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Beyond Meat, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 583118

FINAL DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Westpac Banking Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 30, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Westpac Banking Corporation ("Westpac" or "the Company") (NYSE:WBK) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission."

Investors who purchased the Company's securities between November 11, 2015 and November 19, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before March 30, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Westpac acted contrary to Australian law by failing to report more than $19.5 million in international funds transfer instructions to AUSTRAC, the country's anti-money-laundering and terrorism financing regulator. The Company failed to monitor the risk of money laundering and the financing of terrorism associated with moving money in and out of Australia. The Company failed to pass on required information about the source of funds to other banks in the transfer chain. Although Westpac was aware of heightened risks related to these funds transfers, it failed to perform appropriate due diligence on transactions in South East Asia and the Philippines with indicators of involvement in child sex exploitation. Its AML/CTF Program was incapable of identifying and mitigating money laundering and terrorism financing. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Westpac, investors suffered damages.

Join the case to recover your losses. Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 583117

$60M in Advance Funding to Help Stabilize Backbone of Arts Sector as it Faces COVID-19 Crisis

OTTAWA, ON / ACCESSWIRE / March 30, 2020 / Today, the Canada Council for the Arts announced plan to provide approximately $60 million in advance funding, the equivalent of 35% of annual grants held by over 1,100 core funded organizations.

This is the latest in Council's ongoing efforts to stabilize the sector by addressing the shortfalls that arts organizations are experiencing since the cancellation of public events and halting of arts programming became necessary to contain the spread of the virus.

"There is an urgent need to alleviate the financial pressure on those organizations that are the backbone of the arts sector in Canada," said Director and CEO, Simon Brault.

By May 4, Council will issue advances enabling core funded organizations to: meet their immediate commitments, help ensure cash flow and address outstanding payments to the artists and cultural workers they employ.

The Canada Council for the Arts welcomes the measures recently announced by the federal government for businesses, employees and self-employed workers through the COVID-19 Economic Response Plan. All Canadian artists and arts organizations are being encouraged by Council to examine the full range of financial provisions available to them during this crisis.

Anticipating the many challenges that creators, organizations and their stakeholders will face as a result of the effects of the pandemic in the days and weeks ahead, Council continues to work closely with Canadian Heritage. The development of support mechanisms that can be adapted to address the specifics of Canada's arts ecosystem continues to be a priority.

If you have questions about the Council's approach to supporting artists and arts organizations, please consult the COVID-19 Info update on canadacouncil.ca.

Media contact

Pilar Castro
Manager, Communications and Engagement
media@canadacouncil.ca

About the Canada Council for the Arts

The Canada Council for the Arts is Canada's public arts funder.

The Council's grants, services, initiatives, prizes, and payments contribute to the vibrancy of a creative and diverse arts and literary scene and support its presence across Canada and abroad. The Council's investments foster greater engagement in the arts among Canadians and international audiences.

SOURCE: Canada Council for the Arts

ReleaseID: 583115

IMC International Mining Corp. Announces Change to Corporate Update Conference Call with Director of Thane Minerals Inc. Greg Hawkins

The conference call will now take place on Tuesday, April 7 at 4:30pm EST.

VANCOUVER, BC / ACCESSWIRE / March 30, 2020 / IMC International Mining Corp (CSE:IMCX)(OTC:IMIMF)(FRA:3MX) (the "Company" or "IMC"), announces further to its press release dated March 23, 2020, that the Company will hold an additional conference call today, Tuesday, April 7 at 4:30pm EST. The call, hosted by GoldStocks.com, will be open to all current & prospective shareholders and interested parties. The purpose of this call will be to discuss the recently announced acquisition of Thane Minerals Inc. ("Thane") and to provide an overview of the company's developments and direction. The call will be hosted with in-coming Chairman of IMC International Mining Corp & Director of Thane Minerals Inc., Mr. Greg Hawkins.

Mr. Hawkins holds a BSc in Geology from the University of Alberta and an MSc in Mineral Economics from McGill University. Mr. Hawkins is currently a Director of New Pacific Metals Corp. (NUAG) and was the founding project consultant and/or founding Director of seven public and private exploration/development ventures (Brohm Mining, Dayton Mining, Nevsun Resources, Banro Resource Corp., Tagish Lake Gold Corp., African Gold Group, Yellowhead Mining Inc.) and has participated in or been responsible for the definition of at least one mineral resource/reserve in every case, with six of those cases resulting in production in the USA, Chile, Ghana, Mali and DRC. These ventures collectively have accounted for over $2.1 billion in market cap at the companies' respective peaks.

Shareholders and all interested parties are invited to participate in the conference call hosted by GoldStocks.com. The call will start promptly at 4:30 pm EST on Tuesday, April 7, 2020. The toll-free dial-in number for the call is +1 844-854-2222. Conference call access code is 872827. Investors whom are unable to tune in live, will have access to the recording on GoldStocks.com and on IMC's Website shortly after.

ON BEHALF OF THE BOARD OF DIRECTORS

Brian Thurston
Chief Executive Officer and President

ABOUT INTERNATIONAL MINING CORP.

IMC International Mining Corporation is a junior exploration and development company. It is focused on creating shareholder value through the advancements of its assets which include the Cathedral Property in Northern British Columbia and the Bullard Pass Property in Arizona. The Company continues to look for further assets in North & South America as it increases its asset portfolio. International Mining will utilize its heavily experienced management team to evaluate assets that provide shareholder value.

IMC continues to evaluate additional properties to add to its portfolio of mining assets.

About GoldStocks.com

Gold Stocks (GoldStocks.com) is the top online destination for all things Gold & Mining Stocks. GoldStocks.com covers all the mining sectors top news, updates, articles and provides real-time research tools via QuoteMedia, Inc.

INVESTOR RELATIONS:

ir@internationalmining.ca
1 (604) 588-2110
https://imcxmining.com

Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable securities laws relating to statements regarding the Acquisition, and the Company's business and plans, including with respect to undertaking further acquisitions, completing the Acquisition of Thane and carrying out exploration activities in respect of its mineral projects. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the risks that the Acquisition does not complete as contemplated, or at all; that the Company does not complete any further acquisitions; that the Company does not carry out exploration activities in respect of its mineral projects as planned (or at all); and that the Company may not be able to carry out its business plans as expected. Except as required by law, the Company expressly disclaims any obligation and does not intend to update any forward-looking statements or forward-looking information in this news release. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct and makes no reference to profitability based on sales reported. The statements in this news release are made as of the date of this release.

The CSE has not reviewed, approved or disapproved the content of this press release

SOURCE: IMC International Mining Corp.

ReleaseID: 583116

SHAREHOLDER ALERT: SSL JELD ANAB: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

NEW YORK, NY / ACCESSWIRE / March 30, 2020 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Sasol Limited (NYSE:SSL)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/sasol-limited-loss-submission-form?prid=5849&wire=1
Lead Plaintiff Deadline: April 6, 2020
Class Period: March 10, 2015 to January 13, 2020

Allegations against SSL include that: (i) Sasol had conducted insufficient due diligence into, and failed to account for multiple issues with, the Lake Charles Chemicals Project ("LCCP"), as well as the true cost of the project; (ii) construction and operation of the LCCP was consequently plagued by control weaknesses, delays, rising costs, and technical issues; (iii) these issues were exacerbated by Sasol's top-level management, who engaged in improper and unethical behavior with respect to financial reporting for the LCCP and the project's oversight; (iv) all the foregoing was reasonably likely to render the LCCP significantly more expensive than disclosed and negatively impact the Company's financial results; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

Jeld-Wen Holding, Inc. (NYSE:JELD)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/jeld-wen-holding-inc-loss-submission-form?prid=5849&wire=1
Lead Plaintiff Deadline: April 20, 2020
Class Period: January 26, 2017 to October 15, 2018

Allegations against JELD include that: (1) the Company's products, including doors, did not compete against other manufacturers on price, contrary to Jeld-Wen's representations; (2) the market in which the Company sells its doors is not "highly competitive" as the Company claimed; (3) Jeld-Wen's strong margins and anticipated margin growth were not, as the Company claimed, attributed to changes they had made in Jeld-Wen's business operations and strategies; and (4) Jeld-Wen failed to disclose the Company's anti competitive conduct. Because of the foregoing, Defendants' statements about the Company's business, operations and prospects lacked a reasonable basis.

AnaptysBio, Inc. (NASDAQ:ANAB)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/anaptysbio-inc-loss-submission-form?prid=5849&wire=1
Lead Plaintiff Deadline: May 26, 2020
Class Period: October 10, 2017 to November 7, 2019

Allegations against ANAB include that: (i) AnaptysBio failed to disseminate important data from the Company's Phase 2a trial in atopic dermatitis, including the timing and extent of patients' use of topical corticosteroids as a rescue therapy during the study and whether any of the patients that utilized rescue therapy were classified as responders at a given time;and (ii) the Company's statements omitted key information from the Company's Phase 2a trial in peanut allergy, including patients' average cumulative peanut dose tolerated at day 14 after the administration of etokimab or placebo as well as whether the Company's decision to exclude 20% of the patients enrolled in the study from the interim analysis due to their mild symptoms was retrospective; and (ii) as a result of the foregoing, Defendants' positive statements about the efficacy and prospects of AnaptysBio's lead drug asset in the treatment of atopic dermatitis and peanut allergy were materially false and/or misleading and/or lacked a reasonable basis.

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong

ReleaseID: 583112