Case Page

 

Case Status:    SETTLED
On or around 09/29/2017 (Date of order of final judgment)

Filing Date: May 08, 2015

According to the law firm press release, the lawsuit alleges Defendants made false and/or misleading statements and/or failed to disclose that: (1) the clinical research organization conducting the STEP Study lacked independence; (2) the trial drug supply for the STEP Study was shipped to clinical sites at lower temperatures than permitted by the drug specifications; and (3) as a result, of the foregoing, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Plaintiffs filed a consolidated complaint on February 8, 2016.

On August 4, 2016, the Court issued an Order granting without prejudice Defendants' Motion to Dismiss. Plaintiffs were given leave to file an amended complaint, which they did on September 27.

On January 31, 2017, the parties entered into a Stipulation of Settlement. The Settlement was preliminarily approved by the Court on April 5. On September 29, the Court granted final approval of the Settlement and dismissed this case with prejudice.

COMPANY INFORMATION:

Sector: Healthcare
Industry: Biotechnology & Drugs
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: AMPE
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: C.D. California
DOCKET #: 15-CV-03474
JUDGE: Hon. Terry J. Hatter, Jr
DATE FILED: 05/08/2015
CLASS PERIOD START: 01/13/2014
CLASS PERIOD END: 08/21/2014
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm, P.A. (New Los Angeles)
    355 South Grand Ave, Suite 2450, The Rosen Law Firm, P.A. (New Los Angeles), CA 90071
    (213) 785-2610 (213) 226-4684 ·
No Document Title Filing Date
COURT: C.D. California
DOCKET #: 15-CV-03474
JUDGE: Hon. Terry J. Hatter, Jr
DATE FILED: 09/27/2016
CLASS PERIOD START: 01/13/2014
CLASS PERIOD END: 08/21/2014
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm, P.A. (New Los Angeles)
    355 South Grand Ave, Suite 2450, The Rosen Law Firm, P.A. (New Los Angeles), CA 90071
    (213) 785-2610 (213) 226-4684 ·
No Document Title Filing Date