An investigation on behalf of investors of Novartis AG (NYSE: NVS) shares over potential securities laws violations by Novartis AG and certain of its directors and officers in connection with certain financial statements was announced.
Investors who purchased shares of Novartis AG (NYSE: NVS), have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Novartis AG (NYSE: NVS) concerning whether a series of statements by Novartis AG regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Switzerland based Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. On August 6, 2019, the United States Food and Drug Administration (“FDA”) issued a statement revealing data manipulation in connection with the May 2019 approval of Novartis’ gene therapy drug, Zolgensma. According the the statement, Novartis AG “became aware of the issue of the data manipulation that created inaccuracies in their [biologics license application] before the FDA approved the product, yet did not inform the FDA until after the product was approved”. Shares of Novartis AG (NYSE: NVS) declined to as low as $86.74 per share on August 6, 2019.
Those who purchased shares of Novartis AG (NYSE: NVS) have certain options and should contact the Shareholders Foundation.
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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 conftact 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.