An investigation for investors in Valneva SE (NASDAQ:VALN) shares over potential securities laws violations by Valneva SE was announced.
San Diego, CA -- (SBWIRE) -- 09/27/2021 -- Valneva SE is under investigation over possible securities laws violations by in connection with certain financial statements.
Investors who purchased shares of Valneva SE (NASDAQ: VALN), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether certain statements by Valneva SE regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
France based Valneva SE, a specialty vaccine company, focused on the development and commercialization of prophylactic vaccines for infectious diseases with unmet needs.
On or about May 6, 2021, Valneva SE (NASDAQ: VALN) sold approximately 3.5 million shares of stock in its initial public stock offering (the "IPO") at $26.41 a share, raising nearly $100 million in new capital.
On September 13, 2021, Valneva SE (NASDAQ: VALN) reported the UK Government has terminated an agreement for its Covid-19 vaccination over allegations of a breach of the agreement.
Shares of Valneva SE (NASDAQ: VALN) declined to as low as $24.83 per share on September 20, 2021.
Those who purchased shares of Valneva SE (NASDAQ: VALN) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.