NEW YORK, NY / ACCESSWIRE / August 23, 2021 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a chic activity accusation has been filed adjoin Athira Pharma, Inc. (‘Athira ‘ or ‘the Company’) (NASDAQ:ATHA) on account of shareholders who purchased or contrarily acquired Athiracommon banal pursuant and/or traceable to the allotment account and announcement (collectively, the ‘Registration Statement’) issued in affiliation with the Company’s September 2020 antecedent accessible alms (‘IPO’ or the ‘Offering’). Such investors are encouraged to accompany this case by visiting the firm’s site: www.bgandg.com/atha.
This chic activity seeks to balance amercement adjoin Defendants for declared violations of the federal balance laws beneath the Balance Exchange Act of 1933.
The complaint alleges that the Allotment Account was materially apocryphal and ambiguous and bare to state: (1) that Kawas had appear analysis affidavit absolute break adapted images while she was a alum student; (2) that this declared analysis was basal to Athira’s efforts to advance treatments for Alzheimer’s because it laid the biological background that Athira was application in its access to alleviative Alzheimer’s; (3) that, as a result, Athira’s bookish acreage and artefact development for the analysis of Alzheimer’s were based on invalid research; and (4) that, as a aftereffect of the foregoing, Defendants’ absolute statements about the Company’s business, operations, and prospects, were materially ambiguous and/or lacked a reasonable basis.
On or about September 18, 2021, Athira conducted its antecedent accessible alms (“IPO”), affairs 12 actor shares priced at $17.00 per share. Then, on June 17, 2021, Athira appear that the Company’s lath had placed its President and Chief Executive Officer, Leen Kawas, on acting leave awaiting an analysis of “actions stemming from doctoral analysis Dr. Kawas conducted while at Washington State University.” On this news, Athira’s banal amount fell $7.09 per share, or 38.87%, to abutting at $11.15 per allotment on June 18, 2021.
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A chic activity accusation has already been filed. If you ambition to analysis a archetype of the Complaint you can appointment the firm’s site: www.bgandg.com/atha or you may acquaintance Peretz Bronstein, Esq. or his Broker Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a accident inHome Point you accept until August 24, 2021 to appeal that the Court accredit you as advance plaintiff. Your adeptness to allotment in any accretion doesn’t crave that you serve as a advance plaintiff.
Bronstein, Gewirtz & Grossman, LLC is a accumulated activity boutique. Our primary ability is the advancing following of activity claims on account of our clients. In accession to apery institutions and added broker plaintiffs in chic activity aegis litigation, the firm’s ability includes accepted accumulated and bartering litigation, as able-bodied as balance arbitration. Attorney advertising. Prior after-effects do not agreement agnate outcomes.
CONTACT:Bronstein, Gewirtz & Grossman, LLCPeretz Bronstein or Yael Hurwitz212-697-6484 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
View antecedent adaptation on accesswire.com:https://www.accesswire.com/659671/One-Day-Remaining-for-Shareholders-to-Actively-Participate-in-Athira-Pharma-Inc-ATHA-Class-Action-Bronstein-Gewirtz-Grossman-LLC
How To Write A Prospectus For A Research Paper – How To Write A Prospectus For A Research Paper
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