BALA CYNWYD, Pa., Feb. 1, 2016 /PRNewswire/ -- Law Office of Brodsky & Smith, LLC announces an investigation of Anavex Life Sciences Corp. ("Anavex" or the "Company") (Nasdaq - AVXL- News) for potential violations of federal securities laws and breaches of the Anavex Board's fiduciary duties.
Click here to learn more about the investigation http://brodsky-smith.com/1032-avxl-anavex-life-sciences-corp.html, or call: 877-534-2590. There is no cost or obligation to you.
The investigation concerns a securities class action lawsuit commenced in the United States District Court for the Southern District of New York. The complaint alleges that the Defendants made false and misleading statements including failing to disclose that: (1) Anavex had used a paid stock promoter to artificially inflate the Company's share price; and (2) that, as a result, the Company's public statements were materially false and misleading at all relevant times. On December 29, 2015, Anavex disclosed that it had received a subpoena from the SEC. Consequently, the lawsuit claims that when the true details entered the market shareholders suffered damages.
If you purchased shares of Anavex common stock between May 17, 2013 and December 28, 2015, and wish to discuss the investigation, or if you have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC before February 29 , 2016, who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at firstname.lastname@example.org, by visiting http://brodsky-smith.com/1032-avxl-anavex-life-sciences-corp.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders.
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