DEADLINE TOMORROW: Levi & Korsinsky, LLP Reminds Shareholders of Synergy Pharmaceuticals Inc. of Class Actions and a Lead Plaintiff Deadline of April 10, 2018 – SGYP
NEW YORK, NY / ACCESSWIRE / April 9, 2018 / The following statement is being issued by Levi
& Korsinsky, LLP:
To: All persons or
entities who purchased or otherwise acquired securities of Synergy Pharmaceuticals
Inc. (“Synergy”) (NASDAQ: SGYP)
between November 10, 2016 and November 14,
2017. You are hereby
notified that securities class action lawsuits have
been commenced in the USDC for the Eastern District of New York. To get more
information, go to:
http://www.zlk.com/pslra-d/synergy-pharmaceuticals-inc?wire=1
or contact Joseph E. Levi, Esq. either
via email at jlevi@levikorsinsky.com or by telephone
at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or
obligation to you.
The complaints allege that, throughout
the Class Periods, Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (1) the loan from CRG Partners III
L.P. (“CRG Loan”) did not fund Synergy’s operations through 2019; (2)
the Company could not access the second tranche of $100 million financing on or
before February 28, 2018 without issuing dilutive equity; and (3) the Company
could not access the third tranche of the CRG Loan if and when needed because
terms were required to be met in order to access those tranches.
If you suffered a loss in
Synergy, you have until April 10, 2018 to
request that the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national
firm with offices in New York, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience representing investors
in securities litigation and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll-Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE:
Levi & Korsinsky, LLP
ReleaseID: 495554