{"id":78190,"date":"2022-09-05T05:12:05","date_gmt":"2022-09-05T05:12:05","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=97485"},"modified":"2022-09-05T05:12:05","modified_gmt":"2022-09-05T05:12:05","slug":"hgen-investor-alert-rosen-national-trial-lawyers-encourages-humanigen-inc-investors-with-losses-to-secure-counsel-before-important-deadline-in-securities-class-action-hgen","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/hgen-investor-alert-rosen-national-trial-lawyers-encourages-humanigen-inc-investors-with-losses-to-secure-counsel-before-important-deadline-in-securities-class-action-hgen\/","title":{"rendered":"HGEN INVESTOR ALERT: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Humanigen, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action \u2013 HGEN"},"content":{"rendered":"
NEW YORK, Sept. 04, 2022 (GLOBE NEWSWIRE) —<\/p>\n
WHY:<\/strong>\u00a0Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Humanigen, Inc. (NASDAQ: HGEN) between May 28, 2021 and July 12, 2022, both dates inclusive (the \u201cClass Period\u201d). If you wish to serve as lead plaintiff, you must move the Court no later than October 25, 2022<\/strong>.<\/p>\n SO WHAT:<\/strong> If you purchased Humanigen securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n WHAT TO DO NEXT: <\/strong>To join the Humanigen class action, go to https:\/\/rosenlegal.com\/submit- WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n DETAILS OF THE CASE: <\/strong>According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose material adverse facts about the Company’s business operations and prospects. Specifically, defendants made false and\/or misleading statements and\/or failed to disclose that: (1) lenzilumab was less effective in treating hospitalized COVID-19 patients than defendants had represented; (2) as a result, the U.S. Food and Drug Administration (\u201cFDA\u201d) was unlikely to approve the lenzilumab Emergency Use Authorization (\u201cEUA\u201d) and the ACTIV-5\/BET-B study was unlikely to meet its primary endpoint; (3) accordingly, lenzilumab\u2019s clinical and commercial prospects were overstated; and (4) as a result, the Company\u2019s 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.<\/p>\n To join the Humanigen class action, go to https:\/\/rosenlegal.com\/submit- No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/ Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n Contact Information:<\/p>\n Laurence Rosen, Esq. NEW YORK, Sept. 04, 2022 (GLOBE NEWSWIRE) \u2014 WHY:\u00a0Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Humanigen, Inc. (NASDAQ: HGEN) between May 28, 2021 and July 12, 2022, both dates inclusive (the \u201cClass Period\u201d). If you wish to [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,53,343],"tags":[],"yoast_head":"\n
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"