NEW YORK, April 1, 2024 (GLOBE NEWSWIRE) —
why: New York, NY, April 1, 2024. Rosen Law Firm, a global investor rights law firm, provides purchasers of Ventyx Biosciences, Inc. (NASDAQ: VTYX) common stock (i) pursuant to the offering documents and/or in accordance with the issuance documents; Reminds you that you can be tracked. Issued in connection with the Company’s October 21, 2021 initial public offering (IPO or stock offering).and/or securities (ii) from October 21, 2021 through November 6, 2023, inclusive (both dates) (Class Period), material April 30, 2024 Lead Plaintiff Deadline.
so what: If you purchased Ventyx securities during the Class Period, you may be entitled to compensation through a contingency fee arrangement without payment of any out-of-pocket fees or costs.
What next: To join the Ventyx class action, go to https://rosenlegal.com/submit-form/?case_id=22943 or call Phillip Kim. Toll-free 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed.If you want to serve as lead plaintiff, you must move courts Until April 30, 2024 at the latest. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why choose Rosen Law: We encourage investors to select qualified attorneys with a track record of success in leadership roles. Companies issuing notices often do not have comparable experience, resources, or meaningful peer evaluations. Many of these firms do not actually file securities class action lawsuits, but are merely intermediaries who refer clients or work with law firms that actually litigate the cases. Be wise when choosing a lawyer. The Rosen Law Firm represents investors throughout the world, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest securities class action settlement in history against a Chinese company. Rosen Law Firm was ranked #1 in 2017 by ISS Securities Class Action Services for number of securities class action settlements. The firm has ranked in his top four every year since 2013 and has recovered hundreds of millions of dollars from investors. In 2019 alone, the company secured over $438 million from investors. In 2020, founding partner Lawrence Rosen was named a Titan of Plaintiffs’ Lawyers by Law360. Many of our attorneys are recognized by Lawdragon and Super Lawyers.
Details of the incident: According to the complaint, the offering documents and defendants made false and/or misleading statements and/or failed to disclose that: (1) Ventyx’s treatment of psoriasis, psoriatic arthritis, and Crohn’s disease; The lead clinical product candidate, VTX958, had poor therapeutic efficacy, leading investors to believe more in psoriasis than in the defendant. (2) as a result, the clinical and/or commercial prospects of VTX958 have been exaggerated; (3) Therefore, Ventyx misrepresented its ability to develop and commercialize effective product candidates; (4) Thus, Ventyx’s post-IPO business prospects were inflated. (5) As a result, Ventyx’s public statements were materially false and misleading at all relevant times; When the true details entered the market, the lawsuit claims investors suffered damages.
To join the Ventyx class action, go to https://rosenlegal.com/submit-form/?case_id=22943 or call Phillip Kim. Toll-free 866-767-3653 or email case@rosenlegal.com for information on the class action.
There are no certified classes. Until a class is certified, you are not represented by counsel unless you retain one. You can choose the lawyer of your choice. You can also remain absent and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent on whether he or she serves as lead plaintiff.
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contact address:
Lawrence Rosen, Esq.
Mr. Philip Kim, Esq.
Pennsylvania Rosen Law Firm
275 Madison Avenue, 40th floor
New York, New York 10016
Phone number: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com
https://www.investing.com/news/press-releases/rosen-a-trusted-and-leading-law-firm-encourages-ventyx-biosciences-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action–vtyx-93CH-3360775