According to the complaint, throughout the Class Period defendants issued false and misleading statements to investors and failed to disclose that: (1) one of Cempra's lead product candidate, solithromycin, posed considerable safety risks for hepatotoxicity; and (2) as a result of the foregoing, Cempra's public statements were materially false and misleading at all relevant times. When the factual information became known, the complaint claims that investors suffered damages. Plaintiff seeks to recover damages on behalf of all purchasers of Cempra securities during the Class Period. If you wish to serve as lead plaintiff, you must move the Court no later than January 3, 2017.
If you have any questions concerning this notice, or if you purchased stock before the May 1, 2016, class period, please contact lead analyst Jim Baker (firstname.lastname@example.org) at 619-814-4471. If you email, please include your phone number.
Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice or may choose to do nothing and remain an absent class member.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
Logo - http://photos.prnewswire.com/prnh/20160211/332409LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cempra-cemp-shareholder-alert-johnson--weaver-llp-announces-filing-of-class-action-complaint-against-cempra-inc-encourages-all-investors-to-contact-the-firm-for-information-300364262.html
SOURCE Johnson & Weaver, LLP