NEW YORK, Aug. 15, 2014 /PRNewswire/ -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased or otherwise acquired Prosensa Holding N.V. ("Prosensa" or the "Company") (NasdaqGS: RNA) stock pursuant and/or traceable to the Registration Statement and Prospectus issued in connection with the Company's initial public offering on or about June 28, 2013.
For more information, click here: http://zlk.9nl.com/prosensa-holding-rna.
The complaint alleges that the Registration Statement contained materially false and/or misleading statements and/or omitted material information concerning the development status of the drug drisapersen, the drug's Phase II and Phase III clinical studies, and its prospects for regulatory approval.
On September 20, 2013, the Company issued a press release disclosing that the drug had not met the primary endpoint in the Phase III study. Following this news, Prosensa stock declined approximately 70 percent, or $16.86 per share.
If you suffered a loss in Prosensa you have until September 16, 2014 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. To obtain additional information, contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/prosensa-holding-rna.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510 www.zlk.com
SOURCE Levi & Korsinsky, LLP