SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors With Losses on Their Investment in AEterna Zentaris, Inc. of Class Act...
July 10 2012 - 12:48PM
Marketwired
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.
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.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard
Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004
Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171
www.zlk.com
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