An investigation for investors in Catalyst Pharmaceuticals, Inc. (NASDAQ: CPRX) shares over potential securities laws violations by Catalyst Pharmaceuticals, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 11/14/2019 -- An investigation was announced concerning potential securities laws violations by Catalyst Pharmaceuticals, Inc.
Investors who purchased shares of Catalyst Pharmaceuticals, Inc. (NASDAQ: CPRX), 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 focuses on whether certain statements by Catalyst Pharmaceuticals, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Coral Gables, FL based Catalyst Pharmaceuticals, Inc., a biopharmaceutical company, focuses on developing and commercializing therapies for people with rare debilitating, chronic neuromuscular, and neurological diseases.
On October 30, 2019, Catalyst issued a press release announcing "top-line results from CMS-001, a Phase 3 study evaluating amifampridine phosphate for the symptomatic treatment of genetically confirmed Congenital Myasthenic Syndromes (CMS) in adults and children aged 2 years and above." The press release advised investors that "[w]hile individual patient improvements were observed in some patient sub-groups, the trial did not meet its primary endpoint of subject global impression (SGI) or the secondary endpoint of muscle function measure (MFM) across all tested subtypes."
Those who purchased shares of Catalyst Pharmaceuticals, Inc. (NASDAQ: CPRX) have certain options and should contact the Shareholders Foundation.
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