Cases
Dynavax Technologies Corporation (NASDAQ: DVAX)
Securities Class Action
Overview
Overview
- Date:
- 1/1/2017
- Company Name:
- Dr. Reddy's Laboratories Limited
- Stock Symbol:
- RDY
- Status:
- Closed/Complete
NEW YORK, December 1, 2016 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the California Northern District Court on behalf of all persons or entities who acquired the Dynavax Technologies Corporation (NASDAQ: DVAX) securities between March 3, 2014 to November 11, 2016 (the “Class Period”).
The complaint alleges that during the Class Period, Dynavax made false and/or misleading statements and/or failed to disclose that: (i) the phase 3 HBV-23 trial for the Company's lead vaccine product HEPLISAV-B was not designed in accordance with the U.S. Food and Drug Administration's concerns and issues, as pointed out in a 2013 Complete Response Letter; (ii) Dynavax failed to provide sufficient information to the FDA in its Revised Biologics License Application for the drug; (iii) Dynavax's resources will not be sufficient for the Company to advance the HEPLISAV-B program on its own; and (iv) as a result of the foregoing, the Company's financial statements, as well as Defendants' statements about Dynavax's business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
If you acquired Dynavax securities during the Class Period, have information or 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.
The complaint alleges that during the Class Period, Dynavax made false and/or misleading statements and/or failed to disclose that: (i) the phase 3 HBV-23 trial for the Company's lead vaccine product HEPLISAV-B was not designed in accordance with the U.S. Food and Drug Administration's concerns and issues, as pointed out in a 2013 Complete Response Letter; (ii) Dynavax failed to provide sufficient information to the FDA in its Revised Biologics License Application for the drug; (iii) Dynavax's resources will not be sufficient for the Company to advance the HEPLISAV-B program on its own; and (iv) as a result of the foregoing, the Company's financial statements, as well as Defendants' statements about Dynavax's business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
If you acquired Dynavax securities during the Class Period, have information or 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.