SHAREHOLDER ALERT: Brower Piven Encourages Investors Who Have Losses in Excess
of $100,000 From Investment in Prosensa Holding N.V. to Contact Brower Piven
Before the September 16, 2014 Lead Plaintiff Deadline in Class Action Lawsuit
STEVENSON, Md., July 22, 2014 (GLOBE NEWSWIRE) -- The securities litigation
law firm of Brower Piven, A Professional Corporation, announces that a class
action lawsuit has been commenced in the United States District Court for the
Southern District of New York on behalf of purchasers of Prosensa Holding N.V.
("Prosensa" or the "Company") (Nasdaq:RNA) common stock pursuant and/or
traceable to the Registration Statement and Prospectus ("Offering Documents")
issued in connection with the Company's initial public offering ("IPO") on or
about June 28, 2013.
If you have suffered a loss from investment in Prosensa common stock in
connection with the Company's IPO on or about June 28, 2013, and would like to
learn more about this lawsuit and your ability to participate as a lead
plaintiff, without cost or obligation to you, please visit our website at
http://www.browerpiven.com/currentsecuritiescases.html. You may also request
more information by contacting Brower Piven either by email at
firstname.lastname@example.org or by telephone at (410) 415-6616. No class has yet
been certified in the above action.Members of the Class will be represented
by the lead plaintiff and counsel chosen by the lead plaintiff.
If you wish to choose counsel to represent you and the Class, you must apply
to be appointed lead plaintiff no later than September 16, 2014 and be
selected by the Court.The lead plaintiff will direct the litigation and
participate in important decisions including whether to accept a settlement
and how much of a settlement to accept for the Class in the action. The lead
plaintiff will be selected from among applicants claiming the largest loss
from investment in Company units during the Class Period.
The complaint accuses the defendants of violations of the Securities Act of
1933 by virtue of the defendants' failure to disclose that the Offering
Documents contained materially false and/or misleading statements and/or
omitted material information concerning the development status of the drug
drisapersen, the drug's Phase II and Phase III clinical studies, and its
prospects for regulatory approval.According to the complaint, following the
Company's September 20, 2013 announcement that the drug had not met the
primary endpoint in the Phase III study, the value of Prosensa shares declined
Attorneys at Brower Piven have extensive experience in litigating securities
and other class action cases and have been advocating for the rights of
shareholders since the 1980s.If you choose to retain counsel, you may retain
Brower Piven without financial obligation or cost to you, or you may retain
other counsel of your choice.You need take no action at this time to be a
member of the class.
CONTACT: Charles J. Piven
Brower Piven, A Professional Corporation
1925 Old Valley Road
Stevenson, Maryland 21153
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