The Law Firm of Levi & Korsinsky Notifies Investors with Losses on Their Investment in AEterna Zentaris, Inc. of Class Action...
June 19 2012 - 3:43PM
Business Wire
Levi & Korsinsky announces that a class action lawsuit has
been commenced in the United States District Court for the Southern
District of New York on behalf of investors who purchased AEterna
Zentaris, Inc. (“AEterna” or the “Company”) (Nasdaq: AEZS)
securities between February 3, 2010 and April 1, 2012 (the “Class
Period”).
For more information, click here:
http://zlk.9nl.com/aeterna-zentaris-aezs/. There is no cost or
obligation to you.
Lead Plaintiff Filing Deadline: August 14, 2012
The complaint alleges that AEterna and certain of its executive
officers misrepresented and/or failed to accurately disclose
material information about the prospects of perifosine, its
development-stage colon cancer drug.
On April 2, 2012 the Company announced that phase 3 clinical
trials showed that perifosine administered with capecitabine was no
more effective than capecitabine administered with a placebo in
patients with refractory advanced colorectal cancer. Upon this
news, shares of AEterna plummeted, from a closing price of
$2.14 per share on March 30, 2012 to just $0.73 per share on April
2, 2012.
If you suffered a loss in AEterna you have until August 14,
2012 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 (877) 363-5972, or visit
http://zlk.9nl.com/aeterna-zentaris-aezs/.
Levi & Korsinsky is a national firm with offices in New York
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. For more information, please feel free to contact any of
the attorneys listed below. Attorney advertising. Prior results do
not guarantee similar outcomes.
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