DEADLINE TOMORROW: The Schall Law Firm Announces it is Investigating Claims Against Tesaro, Inc. & Encourages Investors with ...
07 Janeiro 2019 - 1:15PM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces that it is investigating claims on behalf of
investors of Tesaro, Inc. (“Tesaro” or “the Company”) (NASDAQ:
TSRO) for violations of §§10(b) and 20(a) of the Securities
Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the
U.S. Securities and Exchange Commission.
The investigation focuses on whether the Company issued false
and/or misleading statements and/or failed to disclose information
pertinent to investors. Tesaro’s liquid assets were not sufficient
to fund operations and meet all cash flow requirements, despite
completing a public offering of stock in early July, 2016. As a
result of this liquidity shortfall, the Company planned another
offering of stock just four months later. Based on these facts, the
Company’s public statements were false and materially misleading
throughout the class period. When the market learned the truth
about Tesaro, investors suffered damages.
If you are a shareholder who suffered a loss, click here to
participate.
We also encourage you to contact Brian Schall, or Sherin
Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite
404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights
free of charge. You can also reach us through the firm's website
at www.schallfirm.com, or by email
at brian@schallfirm.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder
rights litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
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version on businesswire.com: https://www.businesswire.com/news/home/20190107005685/en/
The Schall Law FirmBrian Schall, Esq.Sherin Mahdavian,
Esq.310-301-3335info@schallfirm.comwww.schallfirm.com
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