On or around 04/05/2017 (Notice of voluntarily dismissal)
Filing Date: January 06, 2017
According to the law firm press release, TG Therapeutics is a biopharmaceutical company focused on the acquisition, development and commercialization of novel treatments for B-cell malignancies and autoimmune diseases. Currently, the Company is developing two therapies targeting hematological malignancies and autoimmune diseases: (i) TG-1101 (ublituximab), a novel, glycoengineered monoclonal antibody that targets a specific and unique epitope on the CD20 antigen found on mature B-lymphocytes; and (ii) TGR-1202, an orally available PI3K delta inhibitor for various hematologic malignancies.
Throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business and operations. Specifically, Defendants made false and/or misleading statements and/or omitted material information concerning the GENUINE Phase III trial, assuring investors it was a “best-in-class treatment” that would be “successful” and “offer patients a novel chemo-free treatment option.” As a result of the foregoing, the Company’s statements were materially false and misleading at all relevant times.
This case was voluntarily dismissed on April 5, 2017.
Company & Securities Information
Defendant: TG Therapeutics, Inc.
Industry: Biotechnology & Drugs
Headquarters: United States
Ticker Symbol: TGTX
Company Market: NASDAQ
Market Status: Public (Listed)
About the Company & Securities Data
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First Identified Complaint
John Lyon, et al. v. TG Therapeutics, Inc., et al.
COURT: S.D. New York
DOCKET #: 17-CV-00112
JUDGE: Hon. Victor Marrero
DATE FILED: 01/06/2017
CLASS PERIOD START: 09/15/2014
CLASS PERIOD END: 10/12/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Levi & Korsinsky (Stamford)
First Identified Complaint (FIC) Filings:
Complaint for Violations of the Federal Securities Laws
Order Granting the Samee Movants' Motion for: (1) Consolidation of the Actions; (2) Appointment as Lead Plaintiffs; and (3) Approval of their Selection of Levi & Korsinsky LLP as Lead Counsel
Notice of Voluntary Dismissal Without Prejudice
U.S. District Court Civil Docket
—Reference Complaint Complaint Related Data is not available