(ATHA) Deadline Alert: Investors With Losses Over $75,000 Interested in Being a Lead Plaintiff in Securities Fraud Class Action Lawsuit Against Athira Pharma
SAN DIEGO, July 3, 2021 / PRNewswire / – Johnson Fistel, LLP shareholder rights law firm announces that a class action lawsuit has been initiated on behalf of the shareholders of Athira Pharma, Inc. (“Athira” or “the Company”) (NASDAQ: ATHA). The class action lawsuit is on behalf of shareholders who hold Athira common stock pursuant to the September 2020 Initial Public Offering (the “IPO”). If you want to appear as the lead plaintiff in this class action lawsuit, you must go to court no later than August 24, 2021.
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Up or over September 18, 2020Athira sold 12 million shares in its initial public offering (the “IPO”) $ 17 one share, increase by $ 204,000,000 in new capital. The complaint alleges that the registration statement was drawn up negligently and, as a result, contained false information about material facts, material facts that were necessary in order not to mislead the information contained therein, omitted and the disclosures required by the rules and Rules for their preparation. The lawsuit alleges the defendants misrepresented and omitted important truths in the company’s IPO registration statement regarding the CEO and President of Athira Leen Kawas |. When the company went after close of trading on June 17, 2021that the Athira board of directors Dr. Kawas has been on leave because it was alleged that Dr $ 18.24 to $ 11.15 per share, well below that $ 17.00 IPO price that causes harm to anyone who has purchased or can be traced back to Athira common stock under the IPO
If you want to appear as the lead plaintiff in this class action lawsuit, you must go to court no later than August 24th, 2021. A lead plaintiff will act on behalf of all other class plaintiffs in directing the class action lawsuit against Athira. The lead plaintiff can choose a law firm of their choice to bring the class action lawsuit. An investor’s ability to participate in a possible future recovery of the Athira class action lawsuit does not depend on being the lead plaintiff. If you would like to learn more about the case, please contact Jim Baker ([email protected]) at 619-814-4471. When sending an email, please include your phone number.
Besides, you can [click here to join this action]. There are no costs or obligations for you.
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Johnson fistula, LLP is a nationally recognized shareholder rights law firm with offices in California, new York and Georgia. The firm represents private and institutional investors in shareholder derivative and securities class actions. More information about the firm and their attorneys can be found at http://www.johnsonfistel.com. Lawyer advertising. Past results do not guarantee future results.
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Jim Baker, 619-814-4471
SOURCE Johnson fistula, LLP