Important Shareholder Notice: Actinium Pharmaceuticals Update
Actinium Pharmaceuticals Shareholders Take Note
The Gross Law Firm wants to inform shareholders of Actinium Pharmaceuticals, Inc. (NYSE: ATNM) about critical updates regarding a current lawsuit. Investors who acquired shares during the designated class period may have suffered financial losses and should reach out for assistance.
Eligibility for Lead Plaintiff Appointment
All shareholders who bought shares of ATNM are encouraged to get in touch with the Gross Law Firm. It's important to note that registration does not necessitate acting as a lead plaintiff to recover any potential losses. This opportunity allows individuals to be proactive and seek justice through legal channels.
Class Period for Shareholders
This class action pertains to shareholders active from October 31, 2022, to August 2, 2024. If you purchased shares within this timeframe, you may be eligible for participation in this legal case.
Key Allegations in the Lawsuit
The legal complaint against Actinium Pharmaceuticals alleges that during the stated class period, the company made misleading statements and failed to disclose critical information to its shareholders. Among the allegations, it is claimed that the data from a pivotal trial, known as the Phase 3 Sierra trial, may not have met the stringent guidelines set forth by the FDA for their novel product, Iomab-B BLA.
Additional analyses presented to the FDA that supposedly showed a trend towards improved overall survival were reportedly insufficient to appease the agency’s requirements. This has raised concerns that the FDA might either refrain from reviewing the application or grant approval under its current terms. Consequently, the positive remarks from the company about its business and future prospects were misleading and lacked a substantial basis.
Impending Deadline for Lead Plaintiff Registration
The deadline for shareholders to register as a lead plaintiff in this lawsuit is May 27, 2025. It is crucial for those interested to act promptly to ensure they do not miss this opportunity. The Gross Law Firm is here to assist you through the registration process.
What to Expect After Registration
Shareholders who register will gain access to portfolio monitoring software designed to keep them informed of case developments. This tool ensures that you remain updated throughout the entire lifecycle of the lawsuit. Remember, there is no financial obligation involved in participating in this legal action.
The Credibility of Gross Law Firm
The Gross Law Firm stands as a prominent class action law firm with a commitment to defending the rights of investors affected by dishonesty and unethical business methods. They prioritize accountability in corporate governance and aim for recovery for investors adversely affected by misleading statements that inflate stock value unjustly. Although past success does not guarantee future results, the firm is dedicated to each client’s case.
Contact Information for Inquiries
For any questions or additional details, interested parties can contact the Gross Law Firm directly at:
The Gross Law Firm
Their office is located at 15 West 38th Street, 12th floor, 10018.
Phone: (646) 453-8903
Frequently Asked Questions
What is the purpose of this lawsuit?
This lawsuit aims to address the misleading statements made by Actinium Pharmaceuticals and to seek recovery for shareholders who incurred losses.
Am I eligible to participate in the class action?
If you purchased shares of ACTINIUM Pharmaceuticals during the specified class period, you are encouraged to register.
What is the deadline for lead plaintiff registration?
The deadline to register as a lead plaintiff is May 27, 2025.
Does it cost anything to participate?
No, there are no costs or obligations required to participate in this case.
Who is the Gross Law Firm?
The Gross Law Firm is a renowned class action law firm committed to protecting investor rights and seeking accountability from corporations.
About The Author
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