NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) — Attention Outlook Therapeutics, Inc. (“Outlook”) (NASDAQ: OTLK) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between December 29, 2022 and August 29, 2023.
If you suffered a loss on your investment in Outlook, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/outlook-class-action-submission-form/?prid=55644&wire=3
ABOUT THE ACTION: The class action against Outlook includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) there was a lack of substantial evidence supporting the Company’s lead product candidate, ONS-5010, as a treatment for wet age-related macular degeneration; (ii) Outlook and/or its manufacturing partner had deficient chemistry manufacturing and controls and other manufacturing issues for ONS-5010, which remained unresolved at the time the ONS-5010 biologics license application (“BLA”) was resubmitted to the U.S. Food and Drug Administration (“FDA”); (iii) as a result of all the foregoing, the FDA was unlikely to approve the ONS-5010 BLA in its present form; (iv) accordingly, ONS-5010’s regulatory and commercial prospects were overstated; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.
DEADLINE: January 2, 2024
Aggrieved Outlook investors only have until January 2, 2024 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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