An investigation on behalf of current long term investors in Nabriva Therapeutics plc (NASDAQ: NBRV) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NASDAQ: NBRV stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 08/09/2019 -- An investigation on behalf of current long-term investors in shares of Nabriva Therapeutics plc (NASDAQ: NBRV) concerning potential breaches of fiduciary duties by certain directors and officers of Nabriva Therapeutics plc was announced.
Investors who are current long term investors in Nabriva Therapeutics plc (NASDAQ: NBRV) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: NBRV stocks follows a lawsuit filed against Nabriva Therapeutics over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: NBRV stocks, concerns whether certain Nabriva Therapeutics directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that
Nabriva Therapeutics plc (NASDAQ: NBRV) Investor Alert: Lawsuit alleges False and Misleading Statements the Defendants failed to disclose to investors that the Company's manufacturers failed to meet good manufacturing practices, that these manufacturers would be subject to inspections by the FDA in connection with the Company's NDA, that, as a result of the manufacturing deficiencies, the Company's NDA for CONTEPO was unlikely to be approved by the FDA; and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Nabriva Therapeutics plc (NASDAQ: NBRV) have certain options and should contact the Shareholders Foundation.
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