INVESTOR ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against BioMarin Pharmaceutical Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Los Angeles, CA - ( NewMediaWire ) - November 12, 2021 - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit againstBioMarin Pharmaceutical Inc. (“BioMarin” or “the Company”) (NASDAQ: BMRN ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between January 13, 2020, and September 3, 2021,inclusive (the ″Class Period″), are encouraged to contact the firm before December 21, 2021.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at firstname.lastname@example.org.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. BioMarin overstated to investors the safety of BMN 307, an AAV5 mediated gene therapy. In fact, BMN 307’s safety profile made it likely that the FDA would place a clinical hold on the Phearless Phase 1/2 study. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about BioMarin, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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The Schall Law Firm
Brian Schall, Esq.,
The Schall Law Firm