ACCESS Newswire
05 Aug 2022, 19:07 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 [email protected].
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
[email protected]
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 InformationForget dtente, Moscow must fight to the end Many now speak of humanity's drift towards World War III, imagining events similar to...
New Delhi [India], July 15 (ANI): The Rouse Avenue court on Monday permitted Bharat Rashtra Samithi (BRS) MLC K Kavitha to travel to...
New Delhi [India], July 14 (ANI): India on Monday strongly condemned the disruption caused during the Rath Yatra procession in Toronto,...
BEIJING, July 14 (Xinhua) -- China is experiencing a surge in foreign tourist arrivals as the summer vacation season kicks off, with...
(Photo credit: REUTERS/Sarah Meyssonnier) Ireland's Ben Healy lost a chance at a Stage 10 victory Monday but gained something far...
Sefcovic noted that the 27-country bloc is preparing potential countermeasures worth 72 billion euros. BRUSSELS, July 14 (Xinhua)...
BRUSSELS, Belgium: Meta is holding firm on its controversial pay-or-consent model, a move that could lead to fresh antitrust charges...
LONDON, U.K.: American consumers and businesses could soon face the highest overall tariff burden in more than a century, according...
The family of Sayfollah Saif Musallet, a 20-year-old American citizen who was beaten to death by Israeli settlers in the occupied West...
CONCORD, New Hampshire: A federal judge in New Hampshire issued a crucial ruling on July 10 against President Donald Trump's executive...
DUBAI, U.A.E.: A cargo ship flagged under Liberia, known as the Eternity C, sank in the Red Sea following an attack executed by Yemen's...
WASHINGTON, D.C.: The Trump administration has started sending some weapons to Ukraine again, just a week after the Pentagon told officials...