Molecular Partners Class Action Lawsuit MOLN | Deadline September 12, 2022

listen now!

Class Action Podcast

Be in the know with the latest podcast news on securities class action with deadline dates.  If you hold shares, you will want to know when something goes wrong with your shares.

Molecular Partners Class Action Lawsuit MOLN

Molecular Partners AG (MOLN)

Levi & Korsinsky, LLP announces that a MOLN class action lawsuit has been filed on behalf of investors who purchased Molecular Partners AG (MOLN) : (a) American Depositary Shares pursuant and/or traceable to certain documents issued in connection with the Company’s initial public offering conducted on or about June 16, 2021; and/or (b) securities between June 16, 2021, and April 26, 2022. For more on the MOLN Lawsuit please contact us today.

According to the Molecular Partners AG lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:

(i) the Company’s product, ensovibep, was less effective at treating COVID-19 than defendants had led investors to believe; that (ii) accordingly, the the U.S. Food and Drug Administration (“FDA”) was reasonably likely to require an additional Phase 3 study of ensovibep before granting the drug Emergency Use Authorization (“EUA”); (iii) waning global rates of COVID-19 significantly reduced the Company’s chances of securing EUA for ensovibep; (iv) another of the Company’s product candidates, MP0310, was less attractive to Molecular Partners’ collaborator, Amgen, than defendants had led investors to believe; (v) accordingly, there was a significant likelihood that Amgen would return to global rights of MP0310 to Molecular Partners; (vi) as a result of all the foregoing, the clinical and commercial prospects of ensovibep and MP0310 were overstated; and (vii) as a result, documents issues in connection with the Company’s initial public offer and defendants’ public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.

If you suffered a loss in Molecular Partners AG you have until September 12, 2022 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.

LISTEN ON

Other Podcast

Amazon Class Action Lawsuit AMZN | September 6, 2022

Amazon Class Action Lawsuit AMZN | September 6, 2022

Amazon.com, Inc. (AMZN)Levi & Korsinsky, LLP announces that a AMZN class action lawsuit has been filed on behalf of investors who purchased Amazon.com, Inc. (AMZN) common stock between July 30, 2021, and April 28, 2022. For more on the AMZN Lawsuit please contact...

Unity Software Class Action Lawsuit U | Deadline September 6, 2022

Unity Software Class Action Lawsuit U | Deadline September 6, 2022

Unity Software Inc. (U)Levi & Korsinsky, LLP announces that a U class action lawsuit has been filed on behalf of investors who purchased Unity Software Inc. (U) securities between March 5, 2021 and May 10, 2022. For more on the U Lawsuit please contact us today....

Wells Fargo Class Action Lawsuit WFC | Deadline August 28, 2022

Wells Fargo Class Action Lawsuit WFC | Deadline August 28, 2022

Wells Fargo & Company (WFC)Levi & Korsinsky, LLP announces that a WFC class action lawsuit has been filed on behalf of investors who purchased Wells Fargo & Company (WFC) common stock between February 24, 2021 and June 9, 2022. For more on the WFC Lawsuit...

Inotiv Class Action Lawsuit NOTV | Deadline August 22, 2022

Inotiv Class Action Lawsuit NOTV | Deadline August 22, 2022

Inotiv, Inc. (NOTV)Levi & Korsinsky, LLP announces that a NOTV class action lawsuit has been filed on behalf of investors who purchased Inotiv, Inc. (NOTV) securities between September 21, 2021 and June 13, 2022. For more on the NOTV Lawsuit please contact us...

Yext Class Action Lawsuit YEXT | Deadline August 16, 2022

Yext Class Action Lawsuit YEXT | Deadline August 16, 2022

Yext, Inc. (YEXT)Levi & Korsinsky, LLP announces that a YEXT class action lawsuit has been filed on behalf of investors who purchased Yext, Inc. (YEXT) securities between March 4, 2021 and March 8, 2022. For more on the YEXT Lawsuit please contact us today....