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SHAREHOLDER ALERT: NEPT FGEN EBON: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Wednesday, 21 April 2021 02:00 PM

The Law Offices of Vincent Wong

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / April 21, 2021 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Neptune Wellness Solutions Inc. (NASDAQ:NEPT)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/neptune-wellness-solutions-inc-loss-submission-form?prid=14972&wire=1
Lead Plaintiff Deadline: May 17, 2021
Class Period: July 24, 2019 - February 16, 2021

Allegations against NEPT include that: (i) the cost of Neptune's integration of the assets and operations acquired in the SugarLeaf Acquisition would be larger than the Company had acknowledged, placing significant strain on the Company's capital reserves; (ii) accordingly, it was reasonably foreseeable that the company would need to conduct additional stock offerings to raise more capital; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

FibroGen, Inc. (NASDAQ:FGEN)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/fibrogen-inc-loss-submission-form?prid=14972&wire=1
Lead Plaintiff Deadline: June 11, 2021
Class Period: November 8, 2019 - April 6, 2021

Allegations against FGEN include that: (i) the Company's prior disclosures of U.S. primary cardiovascular safety analyses from the roxadustat Phase 3 program for the treatment of anemia certain safety analyses submitted in connection with CKD included post-hoc changes to the stratification factors; (ii) FibroGen's analyses with the pre-specified stratification factors result in higher hazard ratios (point estimates of relative risk) and 95% confidence intervals; (iii) based on these analyses the Company could not conclude that roxadustat reduces the risk of (or is superior to) MACE+ in dialysis, and MACE and MACE+ in incident dialysis compared to epoetin-alfa; (iv) as a result, the Company faced significant uncertainty that its NDA for roxadustat as a treatment for anemia of CKD would be approved by the FDA; and (v) as a result of the foregoing, Defendants' statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Ebang International Holdings Inc. (NASDAQ:EBON)

If you suffered a loss, contact us at: http://www.wongesq.com/pslra-1/ebang-international-holdings-inc-loss-submission-form?prid=14972&wire=1
Lead Plaintiff Deadline: June 7, 2021
Class Period: June 26, 2020 - April 5, 2021

Allegations against EBON include that: (1) the proceeds from Ebang's public offerings had been directed to an low yield, long term bonds to an underwriter and to related parties rather than used to develop the Company's operations; (2) Ebang's sales were declining and the Company had inflated reported sales, including through the sale of defective units; (3) Ebang's attempts to go public in Hong Kong had failed due to allegations of embezzling investor funds and inflated sales figures; (4) Ebang's purported crytocurrency exchange was merely the purchase of an out-of-the-box crypto exchange; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

The Law Offices of Vincent Wong, Wednesday, April 21, 2021, Press release picture

To learn more contact Vincent Wong, Esq. either via email [email protected] or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: [email protected]

SOURCE: The Law Offices of Vincent Wong

Topic:
Lawsuits
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