SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Novavax, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 11, 2022
New York, New York – (Newsfile Corp. – November 29, 2021) – Securities litigation law firm The Gross Law Firm is issuing the following notice on behalf of the shareholders of Novavax, Inc. (NASDAQ: NVAX).
Shareholders who have acquired shares in NVAX during the listed collection period are encouraged to contact the company regarding a possible appointment as lead plaintiff. The appointment as lead plaintiff is not required to participate in a recovery.
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CLASS PERIOD: March 2, 2021 to October 19, 2021
ALLEGES: The Complaint alleges that during the classroom, Defendants made materially false and / or misleading statements and / or failed to disclose: (i) Novavax overestimated its manufacturing capabilities and downplayed manufacturing issues related to its NVX approval period. CoV2373, a protein-based vaccine candidate developed 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.
END: January 11, 2022 Shareholders should not hesitate to sign up for this class action. Register your information here: https://securitiesclasslaw.com/securities/novavax-inc-loss-submission-form-2/?id=21658&from=5
NEXT STEPS FOR SHAREHOLDERS: Once you have registered as a shareholder who has bought shares in NVAX during the above period, you will be included in portfolio monitoring software that will provide you with status updates throughout the life cycle of the case. The deadline for admission as a lead plaintiff is January 11, 2022. You will not incur any costs or obligations to participate in these proceedings.
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WHY BRUTTO LAW? Gross Law Firm is a nationally recognized class action law firm and our mission is to protect the rights of all investors who have suffered from fraud, fraud and illegal business practices. The law firm Gross is committed to ensuring that companies adhere to responsible business practices and participate in good corporate citizenship. The Company seeks reparation on behalf of investors who have suffered losses when false and / or misleading disclosure or failure to provide material information by a company results in artificial inflation of the Company’s shares. Lawyer advertising. Previous results do not guarantee similar results.
The law firm Gross is committed to ensuring that companies adhere to responsible business practices and participate in good corporate citizenship. The Company seeks redress on behalf of investors who have suffered losses when false and / or misleading information or failure to provide material information by a company results in artificial inflation of the company’s shares. Lawyer advertising. Previous results do not guarantee similar results.
CONTACT:
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New York, NY, 10018
Email: [email protected]
Phone: (212) 537-9430
Fax: (833) 862-7770
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105581
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