NEW YORK, Nov 22, 2021 (GLOBE NEWSWIRE) – Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, announces that it has filed a class action lawsuit against Novavax, Inc. (“Novavax” or the “Company”) (NASDAQ : NVAX) at the United States District Court for the Southern District of Maryland on behalf of all natural and legal persons, the Novavax securities between the 2nd “school lesson”). Investors have until January 11, 2022 to apply to the court for appointment as the lead plaintiff in the litigation.
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The complaint alleges that Defendants made essentially false and / or misleading statements and / or failed to disclose: (i) Novavax overestimated its manufacturing capabilities and downplayed manufacturing issues affecting its regulatory period for NVX-CoV2373, a vaccine candidate protein-based, effects would be made from the genetic sequence of the first strain of SARS-CoV-2 coronavirus; (ii) As a result, Novavax was unlikely to meet expected regulatory deadlines for emergency approval for NVX-CoV2373; (iii) accordingly, the Company has overstated the regulatory and commercial outlook for NVX-CoV2373; and (iv) as a result, the Company’s public statements at all relevant times have been materially false and misleading.
If you have bought or otherwise acquired Novavax stock 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 Email Brandon Walker or Alexandra Raymond at email@example.com, call (212) 355-4648, or fill out this contact form. There are no costs or obligations for you.
About Bragar Eagel & 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 firstname.lastname@example.org
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