ACCESSWIRE
05 Aug 2022, 23:37 GMT+10
LOS ANGELES, CA / ACCESSWIRE / August 5, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Verrica Pharmaceuticals Inc. ('Verrica' or 'the Company') (NASDAQ:VRCA) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between September 16, 2019 and June 29, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before September 14, 2020.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Verrica's proprietary applicator for VP-102 posed safety risks to patients if the instructions were not followed exactly. Based on this risk, the Company built additional user features into the applicator. The applicator change would, in turn, require additional testing and supportive data. This additional work was likely to delay the regulatory approval of VP-102. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Verrica, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
SOURCE: The Schall Law Firm
Get a daily dose of Illinois Intelligencer news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Illinois Intelligencer.
More InformationMEXICO CITY, Mexico: Rising costs due to inflation resulted in Mexico's manufacturing sector declining in July, despite hopes for a ...
Russia and the United States said on Friday they were ready to discuss a prisoner swap, a day after a ...
His comments come after Washington claimed to have killed Al-Qaeda leader Ayman al-ZawahiriFBI Director Christopher Wray has warned that terrorist ...
The WNBA and NBA issued a joint statement after the women's star was jailed in RussiaBasketball officials in America have ...
Phnom Penh [Cambodia], August 5 (ANI): Amid the controversy surrounding the sentencing of an American basketball player in Russia, the ...
Washington [US], August 5 (ANI): The United States denounced China's missile launches in Japan's exclusive economic zone that were carried ...
Manila, Philippines: Amidst plans to resume an investigation into the Philippines' bloody "War on Drugs," President Ferdinand Marcos Jr ruled ...
LONDON, England: Prosecutors and police have charged a 20-year-old man, arrested in December 2021 with a crossbow while on the ...
BERLIN: Germany: A debate is raging in Germany over whether it should decommission its three remaining nuclear power plants as ...
WELLINGTON, New Zealand: After being shut since March 2020 due to the coronavirus pandemic, New Zealand's borders fully re-opened to ...
TEHRAN, Iran: This week, Iranian media reported that the country's border guards clashed with the Afghan Taliban in the latest ...
LONDON, UK - Myanmar's military has been accused of using Russian-made Yak-130 aircraft with ground attack capability against civilians to ...