UPCOMING DEADLINE: Levi & Korsinsky, LLP Announces Class Action Against ARIAD Pharmaceuticals, Inc. & Its Board of Directors ...
December 02 2013 - 4:20PM
Marketwired
UPCOMING DEADLINE: Levi & Korsinsky, LLP Announces Class Action
Against ARIAD Pharmaceuticals, Inc. and Its Board of Directors and
a Lead Plaintiff Deadline of December 9, 2013 -- ARIA
NEW YORK, NY--(Marketwired - Dec 2, 2013) - Levi &
Korsinsky announces that a class action lawsuit has been commenced
in the United States District Court for the District of
Massachusetts on behalf of investors who purchased ARIAD
Pharmaceuticals, Inc. ("ARIAD" or the "Company") (NASDAQ: ARIA)
stock between December 12, 2011 and October 8, 2013. The Complaint
alleges that throughout the Class Period defendants made false and
misleading statements regarding the safety and efficacy of the
leukemia drug Iclusig.
For more information, click here:
http://zlk.9nl.com/ariad-pharmaceuticals-aria.
On October 9, 2013, ARIAD announced that its leukemia drug
Iclusig causes more side effects than previously reported; the
Company also announced it would halt enrollment in its clinical
trials and instruct current Iclusig users to lower their dosage.
The Company disclosed that serious arterial thrombosis occurred in
11.8% of Iclusig-treated patients, and that 6.2% of the patients
had cerebrovascular events. On this news, ARIAD shares declined
$11.31 per share to close at $5.83 per share on October 9,
2013.
If you suffered a loss in ARIAD you have until December 9, 2013
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. To obtain additional information, contact Joseph
E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at
(212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/ariad-pharmaceuticals-aria.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut, and Washington D.C. The firm
has extensive expertise in prosecuting securities litigation
involving financial fraud, representing investors throughout the
nation in securities and shareholder lawsuits. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard
Korsinsky, 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
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