SHAREHOLDER NOTICE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Juno Therapeutics Inc. and Reminds Investors with Losses to Contact the Firm
IRVINE, CA / ACCESSWIRE / July 25, 2016 / Khang & Khang LLP (the “Firm”) announces that a class action lawsuit was filed against Juno Therapeutics Inc. (“Juno” or the “Company”) (NASDAQ: JUNO). Investors who purchased or otherwise acquired shares between June 4, 2016 and July 7, 2016 inclusive (the “Class Period”), are encouraged to contact the Firm prior to the
September 12, 2016 lead plaintiff motion deadline.
If you purchased shares of Juno 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 by 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.
The complaint alleges that, during the Class Period, Juno failed to disclose that a patient died during a clinical trial for its product candidate in May 2016. Juno was thus trading at artificially inflated prices and some insiders participated in heavy selling of shares until July 7, 2016. On July 7, 2016 the Company announced the May 2016 death and two additional deaths during clinical trial, and the Food and Drug Administration put a hold on the trial. After the release of this news, shares of Juno fell in value.
If you wish to learn more about this lawsuit, or if you have any 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 by e-mail at joon@khanglaw.com.
This press release may constitute Attorney Advertising in some jurisdictions.
Contacts
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com
SOURCE: Khang & Khang LLP
ReleaseID: 442814