Veru Lawsuit (VERU Lawsuit)
A VERU class action lawsuit (Veru Class Action Lawsuit) has been filed on behalf of investors who purchased Veru Class Action Lawsuit (VERU) securities between May 11, 2022 – November 9, 2022, inclusive. For more on the VERU Lawsuit please contact us today.
According to the Veru Inc. lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:
Throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the data from the sabizabulin Phase 3 trial and the Company’s interactions with the FDA.
Specifically, Veru misled its shareholders to believe that the data from the Phase 3 trial was sufficient to support Emergency Use Authorization (“EUA”) and even the submission of a New Drug Application (“NDA”) without any furtherstudies.
VERU’s filings therefore concealed the true risks faced by the Company in gaining approval for its EUA request.
If you suffered a loss in VERU, you have until February 6, 2023 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.