The complaint alleges that Defendants made materially false and/or misleading statements, as well as failed to disclose information with regard to Tokai's operations and compliance policies by: (i) failing to inform and/or misrepresent the structural problems of phase 3 of the Galeterone trial to shareholders, which subsequently resulted in the failure of the trial; and (ii) filing materially false and/or misleading financial statements.
If you wish to serve as lead plaintiff, you must move the Court no later than September 30, 2016. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Joshua Rubin of WeissLaw LLP at 888.593.4771, or by e-mail at email@example.com. Any member of the 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.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients. For more information about the firm, please go to: http://www.weisslawllp.com.
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SOURCE WeissLaw LLP