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Case Status:    ONGOING    
On or around 02/08/2017 (Ongoing date of last review)

Filing Date: February 07, 2017

According to the law firm press release, Kitov is a clinical development stage biopharmaceutical company that develops combination drugs for the simultaneous treatment of pain caused by osteoarthritis and hypertension. The Company’s lead drug candidate is KIT-302, a fixed dosage combination product based on the generic drugs celecoxib and amlodipine besylate, that has completed its Phase III clinical study.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company and its Chief Executive Officer (“CEO”) Isaac Israel published misleading information concerning the conduct of the Company’s clinical trials for its lead drug candidate KIT-302; and (ii) as a result of the foregoing, Kitov’s public statements were materially false and misleading at all relevant times.


Sector: Healthcare
Industry: Biotechnology & Drugs
Headquarters: Israel


Ticker Symbol: KTOV
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data

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COURT: S.D. New York
DOCKET #: 17-CV-00917
JUDGE: Hon. Lorna G. Schofield
DATE FILED: 02/07/2017
CLASS PERIOD END: 02/03/2017
  1. Goldberg Law PC (Los Angeles)
    1999 Avenue of the Stars, Goldberg Law PC (Los Angeles), CA 90067
    1-800-977-7401 1-800-536-0065 ·
  2. Pomerantz LLP (New York)
    600 Third Avenue, Pomerantz LLP (New York), NY 10016
    212.661.1100 212.661.8665 ·
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