According to the complaint, statements made during the class period were false and/or materially misleading because they concealed and misrepresented the clinical trial protocols and procedures that Applied Therapeutics had in place. Therefore, defendants provided investors with the false impression that protocol and good clinical practices were being properly followed. In truth, the lawsuit alleges that Applied Therapeutics was not adhering to trial protocol and good clinical practices which, in turn, created an exceedingly severe risk that the trial data would be rejected by the FDA in the context of a New Drug Application.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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