ITRM Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Iterum Therapeutics plc Shareholders of Class Action and Encourages Investors to Contact the Firm
NEW YORK--(BUSINESS WIRE)--Aug 16, 2021--
Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Iterum Therapeutics plc (“Iterum” or “the Company”) (NASDAQ: ITRM) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Iterum securities between November 30, 2020 and July 23, 2021, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/itrm.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) the sulopenem NDA lacked sufficient data to support approval for the treatment of adult women with uUTIs caused by designated susceptible microorganisms proven or strongly suspected to be non-susceptible to a quinolone; (2) accordingly, it was unlikely that the FDA would approve the sulopenem NDA in its current form; (3) Defendants downplayed the severity of issues and deficiencies associated with the sulopenem NDA; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/itrmor you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Iterumyou have until October 4, 2021 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.
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.
View source version on businesswire.com:https://www.businesswire.com/news/home/20210816005042/en/
CONTACT: Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK NEW JERSEY
INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES
SOURCE: Bronstein, Gewirtz & Grossman, LLC
Copyright Business Wire 2021.
PUB: 08/16/2021 11:00 AM/DISC: 08/16/2021 11:02 AM