NEW YORK, June 28, 2016 /PRNewswire/ -- Pomerantz LLP is
investigating claims on behalf of investors of Regulus Therapeutics
Inc. ("Regulus" or the Company) (NASDAQ: RGLS). Such
investors are advised to contact Robert S.
Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext.
9980.
[Click here to join a class action]
The investigation concerns whether Regulus and certain of its
officers and/or directors have violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934.
On June 27, 2016, Regulus
announced that it had received verbal notice from the U.S. Food and
Drug Administration ("FDA") that the FDA had placed the Company's
investigational new drug for the treatment of chronic hepatitis C
virus infection on clinical hold after a second serious adverse
event of jaundice was reported.
On this news, Regulus stock fell as much as $2.71, or more than 54%, to $2.30 after hours on June
27, 2016.
The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los
Angeles, is acknowledged as one of the premier firms in the
areas of corporate, securities, and antitrust class litigation.
Founded by the late Abraham L.
Pomerantz, known as the dean of the class action bar, the
Pomerantz Firm pioneered the field of securities class actions.
Today, more than 80 years later, the Pomerantz Firm continues in
the tradition he established, fighting for the rights of the
victims of securities fraud, breaches of fiduciary duty, and
corporate misconduct. The Firm has recovered numerous
multimillion-dollar damages awards on behalf of class members. See
www.pomerantzlaw.com
CONTACT:
Robert S.
Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
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SOURCE Pomerantz LLP