CURRENT SHAREHOLDERS: Zamansky LLC Investigates Zafgen (ZFGN) for Potential Breaches of Fiduciary Duties
December 07 2018 - 4:52PM
Business Wire
Zamansky LLC announces that it is investigating Zafgen, Inc.
(NASDAQ:ZFGN) (“Zafgen” or the “Company”) for potential breaches of
fiduciary duties by its officers and board of directors. If you are
a shareholder of Zafgen who still holds your shares, please contact
our firm for information.
It has recently emerged from public filings that Zafgen has
received a letter from the U.S. Food and Drug Administration
(“FDA”) citing possible cardiovascular safety risks associated with
the clinical trial of a new type 2 diabetes drug ZGN-1061 as the
reason for placing a clinical hold on the trial.
According to Jake Zamansky, investment fraud attorney, part of
the fiduciary duties owed by Zafgen’s officers and directors to the
Company and its shareholders is the obligation to avoid such
potentially dangerous conduct.
What Zafgen Shareholders Can Do
If you are a current shareholder of Zafgen who still holds your
stock, please contact us to review or discuss your legal rights.
You may, without obligation or cost to you, email jake@zamansky.com
or call the law firm at (212) 742-1414.
About Zamansky LLC
Zamansky LLC is a leading investment fraud law firm with
experience handling securities, hedge fund, ERISA and other
shareholder class action and derivative litigation. We are
investment fraud attorneys who represent both individual and
institutional investors. Our practice is nationally recognized for
our ability to aggressively prosecute cases and recover investment
losses.
To learn more about Zamansky LLC, please visit our website,
http://www.zamansky.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181207005559/en/
Zamansky LLC50 Broadway - 32nd FloorNew York, NY 10004Jake
Zamansky, 212-742-1414jake@zamansky.com
Zafgen (NASDAQ:ZFGN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Zafgen (NASDAQ:ZFGN)
Historical Stock Chart
From Apr 2023 to Apr 2024