Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Instadose Pharma Corp. and Encourages Investors to Contact the Firm

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NEW YORK, Dec. 30, 2021 (GLOBE NEWSWIRE) – Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, announced that a class action lawsuit against Instadose Pharma Corp. (“Instadose” or the “Company”) (Other OTC: INSD) in the United States District Court for the Eastern District of Virginia on behalf of all persons and entities between the 8th of the “Class Period”). Investors have until February 28, 2022 to apply to the court for appointment as lead plaintiff in the litigation.

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On November 23, 2021, the US Securities and Exchange Commission announced a temporary suspension of trading in Instadose securities due to concerns about the adequacy and accuracy of information about the company in the market. Specifically, the SEC noted increases in the share price and volume of Instadose stock that are not supported by the company’s assets and financial information, trading that may be associated with anyone connected to a controller of the company, and the activities of the Canadian Subsidiary of the company. In light of this news, the company’s stock price fell $ 3.69 per share, or about 13%, from $ 28.30 per share to $ 24.61 per share on November 23, 2021, which was just prior to the cessation of trading.

On December 9, 2021, when the company’s securities resumed trading, the share price opened and closed at $ 2.00 per share.

If you have bought or otherwise acquired Instadose shares and have suffered a loss, are a long-term shareholder, have information, want to learn more about these claims, or have questions about this release or your rights or interests in relation to these matters, please contact Brandon Walker or Alexandra Raymond via email at [email protected], phone at (212) 355-4648 or fill out this contact form. There are no costs or obligations for you.

About Bragar Eagle & Squire, PC:

Bragar Eagel & Squire, PC is a nationally recognized law firm with offices in New York, California and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivatives and other complex litigation in state and federal courts across the country. More information about the company can be found at www.bespc.com. Lawyer advertising. Previous results do not guarantee similar results.

Contact information:

Bragar Eagle & Squire, PC
Brandon Walker, Esq.
Alexandra B. Raymond, Esq.
(212) 355-4648
[email protected]
www.bespc.com


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