ROSEN, A LEADING LAW FIRM, Encourages Axsome Therapeutics,

ROSEN, A LEADING LAW FIRM, Encourages Axsome Therapeutics,

NEW YORK, July 03, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Regulation Agency, a world investor rights legislation agency, reminds purchasers of the securities of Axsome Therapeutics, Inc. (NASDAQ: AXSM) between December 30, 2019 and April 22, 2022, inclusive (the “Class Interval”), of the necessary July 12, 2022 lead plaintiff deadline.

SO WHAT: For those who bought Axsome securities in the course of the Class Interval you could be entitled to compensation with out cost of any out of pocket charges or prices by a contingency price association.

WHAT TO DO NEXT: To hitch the Axsome class motion, go to https://rosenlegal.com/submit-form/?case_id=2221 or name Phillip Kim, Esq. toll-free at 866-767-3653 or e mail [email protected] or [email protected] for data on the category motion. A category motion lawsuit has already been filed. For those who want to function lead plaintiff, you have to transfer the Courtroom no later than July 12, 2022. A lead plaintiff is a consultant occasion appearing on behalf of different class members in directing the litigation.

WHY ROSEN LAW: We encourage buyers to pick out certified counsel with a monitor file of success in management roles. Typically, companies issuing notices do not need comparable expertise, assets or any significant peer recognition. Many of those companies don’t really deal with securities class actions, however are merely middlemen that refer shoppers or associate with legislation companies that truly litigate the instances. Be sensible in choosing counsel. The Rosen Regulation Agency represents buyers all through the globe, concentrating its follow in securities class actions and shareholder spinoff litigation. Rosen Regulation Agency has achieved the most important ever securities class motion settlement in opposition to a Chinese language Firm. Rosen Regulation Agency was Ranked No. 1 by ISS Securities Class Motion Providers for variety of securities class motion settlements in 2017. The agency has been ranked within the high 4 every year since 2013 and has recovered a whole lot of tens of millions of {dollars} for buyers. In 2019 alone the agency secured over $438 million for buyers. In 2020, founding associate Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Most of the agency’s attorneys have been acknowledged by Lawdragon and Tremendous Legal professionals.

DETAILS OF THE CASE: Based on the lawsuit, defendants made false and/or deceptive statements and/or didn’t disclose that: (1) Axsome’s chemistry, manufacturing, and management (“CMC”) practices had been poor with respect to AXS-07 and its manufacturing course of; (2) in consequence, Axsome was unlikely to submit the AXS-07 New Drug Utility (“NDA”) on its initially represented timeline; (3) the foregoing CMC points remained unresolved on the time that the U.S. Meals and Drug Administration (“FDA”) reviewed the AXS-07 NDA; (4) accordingly, the FDA was unlikely to approve the AXS-07 NDA; (5) because of all of the foregoing, Axsome had overstated AXS-07’s regulatory and business prospects; and (6) in consequence, Axsome’s public statements had been materially false and deceptive in any respect related occasions. When the true particulars entered the market, the lawsuit claims that buyers suffered damages.

To hitch the Axsome class motion, go to https://rosenlegal.com/submit-form/?case_id=2221 or name Phillip Kim, Esq. toll-free at 866-767-3653 or e mail [email protected] or [email protected] for data on the category motion.

No Class Has Been Licensed. Till a category is licensed, you aren’t represented by counsel until you keep one. It’s possible you’ll choose counsel of your alternative. You might also stay an absent class member and do nothing at this level. An investor’s means to share in any potential future restoration shouldn’t be dependent upon serving as lead plaintiff.

Comply with us for updates on LinkedIn: https://www.linkedin.com/firm/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Fb: https://www.fb.com/rosenlawfirm/.

Lawyer Promoting. Prior outcomes don’t assure the same end result.

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Contact Data:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Regulation Agency, P.A.
        275 Madison Avenue, fortieth Flooring
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        [email protected]
        [email protected]
        www.rosenlegal.com

ROSEN, A LEADING LAW FIRM, Encourages Axsome Therapeutics,

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