INVESTOR CLASS ACTION DEADLINES: Bernstein Liebhard LLP Reminds Investors in MGNX, ERI, and SNDL of Filing Deadlines
NEW YORK, Nov. 01, 2019 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that class action complaints have been filed on behalf of shareholders of MGNX, ERI, and SNDL. If you wish to serve as lead plaintiff, you must move the court by the lead plaintiff deadlines listed below. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you take no action, you may remain an absent class member.
To discuss the cases below please contact Matthew E. Guarnero toll free at (877) 779-1414.
MacroGenics, Inc (NASDAQ: MGNX) CLASS PERIOD: 02/06/2019-06/03/2019 LEAD PLAINTIFF DEADLINE: November 12, 2019
Defendants concealed material information and/or failed to disclose that: (1) the Company had conducted the progression-free survival (PFS) and first interim overall survival (OS) analyses for the SOPHIA trial by no later than October 10, 2018; (2) the October 2018 PFS analysis showed a 0.9 month improvement in PFS; and (3) the October 2018 OS interim analysis did not produce a statistically significant result and the interim OS Kaplan-Meier curves (a non-parametric statistic used to estimate the survival function from lifetime data) crossed in several spots (thereby violating the constant hazard assumption) and separated late.
Eldorado Resorts Inc (NYSE: ERI) CLASS PERIOD: 02/06/2019-06/03/2019 LEAD PLAINTIFF DEADLINE: November 12, 2019
Defendants made false and/or misleading statements and/or failed to disclose that: (1) several of the Company’s executive officers, including Defendant Reeg, engaged in improper trading with respect to the securities of another publicly-traded company; and (2) as a result, Defendants’ statements about the Eldorado’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Sundial Growers Inc (NASDAQ: SNDL) LEAD PLAINTIFF DEADLINE: November 25, 2019
Defendants made false and misleading statements and/or failed to disclose that: (1) Sundial failed to supply saleable cannabis in line with contractual obligations to Zenabis Global Inc.; (2) due to material quality issues, Zenabis had to return or reject a total of 554 kg of cannabis to Sundial, valued at approximately U.S. $1.9 million (C$2.5 million); and (3) as a result, defendants statements about Sundials business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.
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