An investigation on behalf of current long term investors in Chiasma Inc (NASDAQ: CHMA) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 02/27/2019 -- An investigation was announced for current long-term investors in shares of Chiasma Inc (NASDAQ: CHMA) concerning potential breaches of fiduciary duties by certain directors of Chiasma Inc.
Investors who are current long term investors in Chiasma Inc (NASDAQ: CHMA) 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 investors in NASDAQ: CHMA stocks follows a lawsuit filed against Chiasma Inc over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: CHMA stocks, concerns whether certain Chiasma directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the defendants violated Federal Securities Laws under the Securities Exchange Act of 1934 and the Securities Act of 1933. More specifically, the plaintiff claims that Defendants made false and/or misleading statements and/or failed to disclose that Chiasma's Phase 3 clinical trial methodology for Mycapssa was not sufficient to demonstrate efficacy and secure FDA approval, that Chiasma's supervision of its suppliers was not sufficient to prevent deficiencies that would delay FDA approval of Mycapssa, and that as a result of the foregoing, Chiasma's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Chiasma Inc (NASDAQ: CHMA) have certain options and should contact the Shareholders Foundation.
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