Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Sept. 17, 2020 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Strongbridge Biopharma plc ("Strongbridge" or the "Company") (NYSE: SBBP) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. The investigation concerns whether Strongbridge and certain of its directors and/or officers have engaged in securities fraud or other unlawful business practices.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
A press release was issued by Strongbridge on September 8th, 2020, entitled "Strongbridge Biopharma's Recorlev successful in Cushing's syndrome study." While this press release reported "positive results from [Strongbridge's] 44-subject Phase 3 clinical trial, LOGIC, evaluating Recorlev (levoketoconazole) in patients with endogenous Cushing's syndrome, treatment-emergent adverse events," that included "nausea (29%), hypokalemia (28%), headache (21%), hypertension (19%) and diarrhea (15%)," were also disclosed in this press release.
Strongbridge's stock price fell $0.71 per share, or 20.11%, on this news, to close at $2.82 per share on September 8, 2020.
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The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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