SAN DIEGO, Oct. 8, 2019 /PRNewswire/ -- Shareholder Rights
Law Firm Johnson Fistel, LLP, is investigating potential claims
against Aptinyx Inc. (NASDAQ: APTX) ("Aptinyx") for violations of
federal securities laws.
On or about June 20, 2018, Aptinyx
sold 6.4 million shares of stock in its initial public stock
offering (the "IPO"), at $16.00 a
share raising $102,399,984 in new
capital. However, since the IPO, Aptinyx stock has plunged, on
October 8, 2019, the stock closed at
$3.20.
On January 16, 2019, Aptinyx
announced that its drug, NYX-2925, did not achieve statistically
significant separation from the placebo on a primary endpoint in
its phase 2 trial.
Specifically, Johnson Fistel's
investigation seeks to determine whether the Company's filings with
the U.S. Securities and Exchange Commission in connection with its
June 2018 IPO and subsequent investor
communications contained untrue statements of material facts or
omitted to state other facts necessary to make the statements made
therein not misleading concerning the Company's business, and
operations.
If you have information that could assist in this
investigation, or if you are an
Aptinyx shareholder and are interested in learning
more about the investigation or your legal rights and remedies,
please contact Jim Baker
(jimb@johnsonfistel.com) at 619-814-4471. If emailing, please
include a phone number.
Additionally, you can [Click here to join this action]. There is
no cost or obligation to you.
About Johnson Fistel,
LLP:
Johnson Fistel, LLP is a
nationally recognized shareholder rights law firm with offices in
California, New York and Georgia. The firm represents individual and
institutional investors in shareholder derivative and securities
class action lawsuits. For more information about the firm and its
attorneys, please visit http://www.johnsonfistel.com. Attorney
advertising. Past results do not guarantee future outcomes.
Contact:
Johnson
Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
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SOURCE Johnson Fistel, LLP