Key Updates on Moderna's Class Action Lawsuit for Investors
Important Information for Moderna Investors
Attention investors! Levi & Korsinsky, LLP is reaching out to those invested in Moderna, Inc. This firm is leading a class action lawsuit which might have significant implications for shareholders.
Understanding the Class Action Lawsuit
This class action lawsuit seeks justice for those who may have experienced losses caused by alleged securities fraud. The period of concern spans from January 18, 2023, to June 25, 2024. The lawsuit is designed to recover losses incurred by shareholders due to misleading information released by the company.
Details of the Allegations
The complaint centered around claims that Moderna misrepresented crucial aspects of its development projects. Specifically, allegations suggest that the mRNA-1345 vaccine for respiratory syncytial virus was less effective than the company had communicated. This led to inflated expectations concerning its clinical and commercial viability, resulting in materially false information made available to investors at the time.
Who Can Participate?
If you hold shares in Moderna during the specified time period, here is your chance to have a say. You have until October 8, 2024, to express your interest in being recognized as the lead plaintiff. Remember, participation in any potential recovery does not depend on this designation.
No Cost Involved
One of the biggest advantages of joining this class action as a member is that it comes at no out-of-pocket cost. All legitimate class members can pursue compensation without any financial burden. This means no fees or costs will be incurred to participate.
Why Choose Levi & Korsinsky?
Levi & Korsinsky brings two decades of experience in securing billions for shareholders. Known for their high success rate and extensive expertise in securities litigation, they are ranked among the leading firms in this field. Their dedicated team of over 70 professionals stands ready to support investors through this process.
Contact Information for Queries
For further assistance or to discuss your potential involvement, you may reach out directly to Joseph E. Levi, Esq. He is available via email or telephone, and you can find his contact details below:
Contact:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
Email: jlevi@levikorsinsky.com
Tel: (212) 363-7500
Frequently Asked Questions
What is the class action lawsuit about?
The lawsuit aims to help shareholders recover losses due to alleged securities fraud committed by Moderna between early 2023 and mid-2024.
How do I know if I can be part of the class?
If you owned shares in Moderna during the specified time frame (January 18, 2023, to June 25, 2024), you are likely eligible to participate.
What if I don’t want to be a lead plaintiff?
You don't need to assume the lead plaintiff role to be included in any recovery from the lawsuit. You can still participate as a class member.
When is the deadline to apply?
The deadline to express your interest in being a lead plaintiff is October 8, 2024. Be sure to make your intentions known before this date.
What are the costs associated with participation?
There are no costs to join the class action. Class members can seek compensation without incurring fees or any financial obligations.
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