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Bernstein Liebhard LLP Proclaims {that a} Securities Class Motion Lawsuit Has Been Filed In opposition to Annovis Bio, Inc.

NEW YORK, Aug. 18, 2021 /PRNewswire/ — Bernstein Liebhard, a nationally acclaimed investor rights regulation agency, publicizes {that a} securities class motion lawsuit has been filed on behalf of buyers who bought or acquired the securities of Annovis Bio, Inc.. (“Annovis Bio” or the “Firm”) (NYSE: ANVS) from Could 21, 2021 by way of July 28, 2021 (the “Class Interval”). The lawsuit filed in the US District Courtroom for the Jap District of Pennsylvania alleges violations of the Securities Act of 1934.

When you bought Annovis Bio securities, and/or wish to focus on your authorized rights and choices please go to Annovis Bio Shareholder Class Action Lawsuit or contact Rujul Patel toll free at (877) 779-1414 or [email protected]

The Grievance alleges that, all through the Class Interval, Defendants made materially false and/or deceptive statements in addition to didn’t disclose opposed info concerning the Firm’s enterprise, operations, and prospects.

On July 28, 2021, after the market closed, the Firm introduced that its Alzheimer’s and Parkinson’s drug, Posiphen, failed to indicate statistically vital success relative to the placebo in scientific trials.

On this information, the value of Annovis Bio shares fell $65.94 per share, or 60%, to shut at $43.50 per share on July 29, 2021, on unusually heavy buying and selling quantity. 

When you want to function lead plaintiff, it’s essential to transfer the Courtroom no later than October 18, 2021. A lead plaintiff is a consultant occasion appearing on behalf of different class members in directing the litigation. Your skill to share in any restoration does not require that you just function lead plaintiff. When you select to take no motion, you might stay an absent class member.

When you bought Annovis Bio securities, and/or wish to focus on your authorized rights and choices please go to https://www.bernlieb.com/cases/annovisbioinc-anvs-shareholder-class-action-lawsuit-fraud-stock-431/apply/ or contact Rujul Patel toll free at (877) 779-1414 or [email protected]

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its shoppers. Along with representing particular person buyers, the Agency has been retained by a number of the largest private and non-private pension funds within the nation to watch their property and pursue litigation on their behalf. Because of its success litigating tons of of lawsuits and sophistication actions, the Agency has been named to The Nationwide Regulation Journal’s “Plaintiffs’ Sizzling Record” 13 occasions and listed in The Authorized 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2021 Bernstein Liebhard LLP. The regulation agency liable for this commercial is Bernstein Liebhard LLP, 10 East fortieth Avenue, New York, New York 10016, (212) 779-1414. The lawyer liable for this commercial within the State of Connecticut is Michael S. Bigin. Prior outcomes don’t assure or predict the same consequence with respect to any future matter.

Contact Data
Rujul Patel
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
[email protected]

SOURCE Bernstein Liebhard LLP

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