EQUITY ALERT: The Rosen Law Firm Announces Filing of Securities Class Action
Against Prosensa Holding NV -- RNA
NEW YORK, July 23, 2014 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces
that a class action lawsuit has been filed on behalf of purchasers of Prosensa
Holding NV ("Prosensa" or the "Company") (Nasdaq:RNA) ordinary shares pursuant
and/or traceable to the Registration Statement and Prospectus (collectively,
the "Registration Statement") issued in connection with the Company's initial
public offering ("IPO") on or about June 28, 2013. The lawsuit seeks remedies
under the federal securities laws.
To join the Prosensa class action, visit the firm's website at
http://rosenlegal.com, or call Phillip Kim or Kevin Chan toll-free at
866-767-3653; you may also email firstname.lastname@example.org or email@example.com
for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY
CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.
According the lawsuit, the IPO Registration Statement contained inaccurate
statements of material fact about the development status of drisapersen, the
drug's Phase II and Phase III clinical studies, and the prospects for
drisapersen's regulatory approval.Less than three months after the IPO,
Prosensa disclosed that drisapersen had not met the primary endpoint in the
Phase III study. According to the press release, "[t]here was no treatment
difference in key secondary assessments of motor function: 10-meter walk/run
test, 4-stair climb and North Star Ambulatory Assessment."On this news, the
value of Prosensa stock dropped 70%.
If you wish to serve as lead plaintiff, you must move the Court no later than
September 16, 2014. A lead plaintiff is a representative party acting on
behalf of other class members in directing the litigation. If you wish to
join the litigation, or to discuss your rights or interests regarding this
class action, please contact Phillip Kim or Kevin Chan of The Rosen Law Firm,
toll-free, at 866-767-3653, or via e-mail at firstname.lastname@example.org or
email@example.com. You may also visit the firm's website at
The Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
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