The Shareholders Foundation announces that a deadline is coming up on February 29, 2016 in the lawsuit filed for certain investors in NASDAQ:AVXL shares over alleged securities laws violations by Anavex Life Sciences Corp.
Investors who purchased shares of Anavex Life Sciences Corp. (NASDAQ:AVXL) have certain options and there are strict and short deadlines running. Deadline: February 29, 2016. NASDAQ:AVXL stockholders should contact the Shareholders Foundation at email@example.com or call +1(858) 779 – 1554.
The plaintiff alleges on behalf of purchasers of Anavex Life Sciences Corp. (NASDAQ:AVXL) that between May 17, 2013 and December 28, 2015 defendants made allegedly false and/or misleading statements and/or allegedly failed to disclose that Anavex had used a paid stock promoter to artificially inflate the Company’s share price and that as a result of the foregoing, Anavex’s public statements were materially false and misleading at all relevant times.
On December 29, 2015, pre-market, Anavex Life Sciences Corp. (NASDAQ:AVXL) disclosed that it had received a subpoena from the U.S. Securities and Exchange Commission(“SEC”) on December 22, 2015. Anavex Life Sciences Corp. stated, in part, that “[t]he Company believes the subpoena and investigation relate to the recent unusual activity in the market for the Company’s shares.” Shares of Anavex Life Sciences Corp. (NASDAQ:AVXL) declined on December 31, 2015, to $4.60 per share.
Those who purchased NASDAQ:AVXL shares have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego