NEW YORK, Jan. 22, 2015 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Advaxis, Inc. ("Advaxis" or the "Company") (NasdaqCM: ADXS). Such investors are advised to contact Peretz Bronstein or his investor relations coordinator Eitan Kimelman at [email protected] or 212-697-6484.
The investigation concerns whether Advaxis and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On January 21, 2015, SeekingAlpha published an article alleging that, in a recent presentation, Advaxis misrepresented the tumor response data for its ADXS-HPV compound, thereby overstating the effectiveness of the compound in shrinking tumors. The article also alleges that the Company has misled investors concerning the design of its planned Phase 3 trial.
On this news, shares of Advaxis fell $3.39 or 28.83% to close at $8.37 per share on January 21, 2015.
If you are aware of any facts relating to this investigation, or purchased shares of Advaxis, you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email [email protected]. Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
SOURCE Bronstein, Gewirtz & Grossman, LLC