NOVAN SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class ...
December 08 2017 - 10:50PM
Business Wire
ClaimsFiler, a FREE shareholder information service, reminds
investors that they have until January 2, 2018 to file lead
plaintiff applications in a securities class action lawsuit against
Novan, Inc. (NasdaqGM: NOVN), if they purchased the Company’s
shares between the expanded period of September 26, 2016 and August
1, 2017 (the “Class Period”) and/or pursuant to its September 26,
2016 initial public offering (“IPO”). This action is pending in the
United States District Court for the Middle District of North
Carolina.
Get Help
Novan investors should visit us at
https://www.claimsfiler.com/cases/view-novan-inc-securities-litigation
or call to speak to our claim center toll-free at (844)
367-9658.
About the Lawsuit
Novan and certain of its executives are charged with failing to
disclose material information during the class period, violating
federal securities laws.
The alleged false and misleading statements and omissions
include, but are not limited to, that: (i) the Company had
initiated and conducted two identical Phase 3 clinical trials for
its lead product candidate, SB204; (ii) in fact, the two SB204
Phase 3 clinical trials were not identical; and (iii) as a result
of the foregoing, Novan’s financial statements were materially
false and misleading at all relevant times.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. ClaimsFiler's
team of experts monitor the securities class action landscape and
cull information from a variety of sources to ensure comprehensive
coverage across a broad range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20171208005546/en/
ClaimsFilerJerry Gallo,
844-367-9658https://www.claimsfiler.com
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