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Emergent to make Providence Therapeutics potential COVID-19 vaccine
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EBS Deadline Alert: Kessler Topaz Meltzer & Check, LLP Reminds Investors or June 18, 2021 Deadline in Securities Fraud Class Action Lawsuit
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Home / Top News / Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Emergent BioSolutions Inc. of Deadline in Securities Fraud Class Action Lawsuit
Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Emergent BioSolutions Inc. of Deadline in Securities Fraud Class Action Lawsuit
RADNOR, Pa., June 03, 2021 (GLOBE NEWSWIRE) The law firm of Kessler Topaz Meltzer & Check, LLP announces that the firm has filed a securities fraud class action against Emergent BioSolutions Inc. (NYSE: EBS) (“Emergent”) on behalf of investors who purchased or acquired Emergent common stock
between April 24, 2020, and April 16, 2021, inclusive (the “Class Period”). This action, captioned
Roth v. Emergent BioSolutions Inc., et al., Case No. 1:21-cv-01189-CCB (the “
The
Roth Action alleges that, throughout the Class Period, the defendants failed to disclose that: (1) Emergent s Baltimore facility had a history of manufacturing issues increasing the likelihood for massive contaminations; (2) the Baltimore facility had received a series of Food and Drug Administration ( FDA ) citations as a result of these contamination risks and quality control issues; (3) Emergent had been forced to discard millions of doses of COVID-19 vaccines after workers at the facility deviated from manufacturing standards; and (4) as a result of the foregoing, the defendants public statements about Emergent s ability and capacity to mass manufacture multiple COVID-19 vaccines at its Baltimore facility were materially false and/or misleading and/or lacked a reasonable basis.
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