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Alcobra, Ltd. (NASDAQ: ADHD)

Securities Class Action

Overview
  • Date:
  • 2/23/2017
  • Company Name:
  • Alcobra, Ltd.
  • Stock Symbol:
  • ADHD
  • Class Period:
  • FROM 8/13/2015 TO 1/17/2017
  • Status:
  • Closed/Complete
  • Court:
  • U.S. District Court: Southern District of New York

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NEW YORK, February 23, 2017 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who acquired Alcobra, Ltd. (NASDAQ: ADHD) securities between August 13, 2015 and January 17, 2017 (the “Class Period”).

The complaint alleges that Defendants caused the Company to issue materially misleading statements and/or omit material information concerning the Company's second Phase III study for MDX in adults with attention deficit hyperactivity disorder ("ADHD"), the "MDX Evaluation in Adults – Study of Response and Efficacy," or the "MEASURE" study. The complaint alleges these misstatements and omissions by Alcobra violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

If you purchased or otherwise acquired Alcobra securities during the Class Period and suffered a loss or continue to hold shares purchased prior to the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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