An investigation on behalf of current long term investors in Zogenix, Inc. (NASDAQ: ZGNX) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 09/11/2019 -- Certain directors of Zogenix, Inc. are under investigation concerning potential breaches of fiduciary duties.
Investors who are current long term investors in Zogenix, Inc. (NASDAQ: ZGNX) 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 current long term investors in NASDAQ: ZGNX stocks follows a lawsuit filed against Zogenix, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: ZGNX stocks, concerns whether certain Zogenix, directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that Zogenix's NDA for FINTEPLA contained inadequate non-clinical data and an incorrect version of a clinical dataset, that consequently, Zogenix's NDA for FINTEPLA was unlikely to gain FDA approval, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Zogenix, Inc. (NASDAQ: ZGNX) have certain options and should contact the Shareholders Foundation.
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