Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries SHAREHOLDER ALERT: Robbins LLP Reminds Investors that Frequency Therapeutics, Inc. (FREQ) is Being Sued for Misleading Shareholders By: Robbins LLP via Business Wire June 15, 2021 at 13:20 PM EDT Shareholder rights law firm Robbins LLP reminds investors that a class action has been filed on behalf of all purchasers of Frequency Therapeutics, Inc. (NASDAQ: FREQ) securities between November 16, 2020 and March 22, 2021, against the Company for remedies under the Securities Exchange Act of 1934. Frequency Therapeutics is a pharmaceutical company that develops and commercializes a hearing loss treatment called "FX-322" for patients with severe sensorineural hearing loss ("SNHL"). If you suffered a loss due to Frequency Therapeutics, Inc.'s misconduct, click here. Frequency Therapeutics, Inc. (FREQ) Made Misstatements Regarding the Potential of its Hearing Loss Treatment FX-322 According to the complaint, Frequency Therapeutics began its Phase 2a trial for FX-322 in October 2019. The trial results failed to live up to the Company's expectations, as they revealed no discernable difference between FX-322 and the placebo. However, the Company continued to conduct the trial and released positive statements in earnings calls, press releases, SEC filings, and pharmaceutical presentations about FX-322's potential. At the same time, CEO David Lucchino sold over 350,000 shares and earned over $10.5 million in the months prior to releasing the results of the Phase 2a trial. On March 23, 2021, Frequency Therapeutics disclosed disappointing Phase 2a results, revealing that subjects with mild to moderate SNHL did not demonstrate improvements in hearing measures versus placebo. On this news, Frequency Therapeutics' shares fell 78% from $36.29 to $7.99, losing approximately $955 in market capitalization. If you purchased shares of Frequency Therapeutics, Inc. (FREQ) between November 16, 2020 and March 22, 2021, you have until July 27, 2021, to ask the court to appoint you lead plaintiff for the class. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. Contact us to learn more: Lauren Levi (800) 350-6003 llevi@robbinsllp.com Shareholder Information Form Robbins LLP is a nationally recognized leader in shareholder rights law. To be notified if a class action against Frequency Therapeutics, Inc. settles or to receive free alerts about companies engaged in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. View source version on businesswire.com: https://www.businesswire.com/news/home/20210615006049/en/Contacts Lauren Levi Robbins LLP 5040 Shoreham Place San Diego, CA 92122 llevi@robbinsllp.com (800) 350-6003 www.robbinsllp.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
SHAREHOLDER ALERT: Robbins LLP Reminds Investors that Frequency Therapeutics, Inc. (FREQ) is Being Sued for Misleading Shareholders By: Robbins LLP via Business Wire June 15, 2021 at 13:20 PM EDT Shareholder rights law firm Robbins LLP reminds investors that a class action has been filed on behalf of all purchasers of Frequency Therapeutics, Inc. (NASDAQ: FREQ) securities between November 16, 2020 and March 22, 2021, against the Company for remedies under the Securities Exchange Act of 1934. Frequency Therapeutics is a pharmaceutical company that develops and commercializes a hearing loss treatment called "FX-322" for patients with severe sensorineural hearing loss ("SNHL"). If you suffered a loss due to Frequency Therapeutics, Inc.'s misconduct, click here. Frequency Therapeutics, Inc. (FREQ) Made Misstatements Regarding the Potential of its Hearing Loss Treatment FX-322 According to the complaint, Frequency Therapeutics began its Phase 2a trial for FX-322 in October 2019. The trial results failed to live up to the Company's expectations, as they revealed no discernable difference between FX-322 and the placebo. However, the Company continued to conduct the trial and released positive statements in earnings calls, press releases, SEC filings, and pharmaceutical presentations about FX-322's potential. At the same time, CEO David Lucchino sold over 350,000 shares and earned over $10.5 million in the months prior to releasing the results of the Phase 2a trial. On March 23, 2021, Frequency Therapeutics disclosed disappointing Phase 2a results, revealing that subjects with mild to moderate SNHL did not demonstrate improvements in hearing measures versus placebo. On this news, Frequency Therapeutics' shares fell 78% from $36.29 to $7.99, losing approximately $955 in market capitalization. If you purchased shares of Frequency Therapeutics, Inc. (FREQ) between November 16, 2020 and March 22, 2021, you have until July 27, 2021, to ask the court to appoint you lead plaintiff for the class. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. Contact us to learn more: Lauren Levi (800) 350-6003 llevi@robbinsllp.com Shareholder Information Form Robbins LLP is a nationally recognized leader in shareholder rights law. To be notified if a class action against Frequency Therapeutics, Inc. settles or to receive free alerts about companies engaged in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. View source version on businesswire.com: https://www.businesswire.com/news/home/20210615006049/en/Contacts Lauren Levi Robbins LLP 5040 Shoreham Place San Diego, CA 92122 llevi@robbinsllp.com (800) 350-6003 www.robbinsllp.com
Shareholder rights law firm Robbins LLP reminds investors that a class action has been filed on behalf of all purchasers of Frequency Therapeutics, Inc. (NASDAQ: FREQ) securities between November 16, 2020 and March 22, 2021, against the Company for remedies under the Securities Exchange Act of 1934. Frequency Therapeutics is a pharmaceutical company that develops and commercializes a hearing loss treatment called "FX-322" for patients with severe sensorineural hearing loss ("SNHL"). If you suffered a loss due to Frequency Therapeutics, Inc.'s misconduct, click here. Frequency Therapeutics, Inc. (FREQ) Made Misstatements Regarding the Potential of its Hearing Loss Treatment FX-322 According to the complaint, Frequency Therapeutics began its Phase 2a trial for FX-322 in October 2019. The trial results failed to live up to the Company's expectations, as they revealed no discernable difference between FX-322 and the placebo. However, the Company continued to conduct the trial and released positive statements in earnings calls, press releases, SEC filings, and pharmaceutical presentations about FX-322's potential. At the same time, CEO David Lucchino sold over 350,000 shares and earned over $10.5 million in the months prior to releasing the results of the Phase 2a trial. On March 23, 2021, Frequency Therapeutics disclosed disappointing Phase 2a results, revealing that subjects with mild to moderate SNHL did not demonstrate improvements in hearing measures versus placebo. On this news, Frequency Therapeutics' shares fell 78% from $36.29 to $7.99, losing approximately $955 in market capitalization. If you purchased shares of Frequency Therapeutics, Inc. (FREQ) between November 16, 2020 and March 22, 2021, you have until July 27, 2021, to ask the court to appoint you lead plaintiff for the class. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. Contact us to learn more: Lauren Levi (800) 350-6003 llevi@robbinsllp.com Shareholder Information Form Robbins LLP is a nationally recognized leader in shareholder rights law. To be notified if a class action against Frequency Therapeutics, Inc. settles or to receive free alerts about companies engaged in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. View source version on businesswire.com: https://www.businesswire.com/news/home/20210615006049/en/
Lauren Levi Robbins LLP 5040 Shoreham Place San Diego, CA 92122 llevi@robbinsllp.com (800) 350-6003 www.robbinsllp.com