Sage Therapeutics Investors: Urgent Lead Plaintiff Deadline Ahead

Understanding Your Rights as a Sage Therapeutics Investor

As an investor in Sage Therapeutics, Inc. (NASDAQ: SAGE), it is essential to be aware of your rights and the recent developments concerning your investment. Bernstein Liebhard LLP, a prominent law firm specializing in investor rights, is currently reminding all who have invested in Sage Therapeutics of an upcoming deadline to file a lead plaintiff motion in a significant securities class action lawsuit.

Key Details of the Class Action Lawsuit

The lawsuit has been filed on behalf of all investors who acquired Sage Therapeutics' securities during a specified period. This time frame spans from April 12, 2021, to July 23, 2024. Within this period, if you purchased shares, you might be eligible to take action. The complaint alleges violations under the Securities Exchange Act of 1934, detailing possible misrepresentations by the company regarding its products.

Who is Eligible to Participate?

Investors who acquired shares during the Class Period should question their involvement in the lawsuit. Did you personally own shares of Sage Therapeutics? If the answer is yes, you could have a role in this legal action. Furthermore, if you lost money on your investment, taking steps to protect your rights is paramount.

Filing a Lead Plaintiff Motion

Those interested in becoming lead plaintiffs must act quickly. The deadline to file the necessary papers is set for October 28, 2024. Taking this step means representing fellow class members in directing the litigation process. However, it’s important to note that participating as a lead plaintiff is not a requirement to benefit from any potential recovery.

Understanding Legal Representation

Bernstein Liebhard LLP operates on a contingency fee basis, indicating that investors will not be handling any fees or expenses unless a successful recovery is made. This arrangement aims to ensure that any investor can afford to participate without the fear of financial burden, enjoying a supportive legal partnership throughout the litigation.

Why Is This Class Action Important?

Investors should be aware of the significance of this lawsuit. It revolves around crucial misrepresentations regarding Sage Therapeutics' products related to brain health, which include zuranolone (SAGE-217/BIIB125), SAGE-718 (dalzanemdor), and SAGE-324 (BIIB124). If the allegations hold true, they can significantly impact the value and perception of the company's stocks.

A Successful Track Record

Bernstein Liebhard LLP has a long history of securing over $3.5 billion for its clients. Their extensive experience includes representing individual investors as well as large pension funds, showcasing their ability to navigate complex securities lawsuits successfully.

Contacting Bernstein Liebhard LLP

If you have questions regarding your investments or the lawsuit, you can easily reach out to Peter Allocco, the Investor Relations Manager at Bernstein Liebhard LLP. This dedicated firm prioritizes assisting investors in understanding their rights and available options.

For more information or to discuss your situation with a knowledgeable representative, you can contact Peter at (212) 951-2030 or via email at pallocco@bernlieb.com.

Frequently Asked Questions

What is the deadline for the lead plaintiff motion?

The deadline to file a lead plaintiff motion is October 28, 2024.

Who should file a lead plaintiff motion?

Investors who purchased Sage Therapeutics securities during the Class Period and incurred losses should consider filing.

What does it mean to be a lead plaintiff?

A lead plaintiff represents the interests of all class members and helps direct the litigation.

Is there a cost to participate in the lawsuit?

No, it operates on a contingency fee basis, meaning no fees unless recovery is achieved.

How long has Bernstein Liebhard LLP been in business?

Bernstein Liebhard LLP has been serving investors since 1993, recovering billions for clients.

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