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Stock impact report

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Innate Pharma S.A. – IPHA

Innate Pharma S.A. - American Depositary Shares (IPHA) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Innate Pharma S.A. (NASDAQ: IPHA) resulting from allegations that Innate may have issued materially misleading business information to the investing public.On January 9, 2020, Innate announced its decision “to suspend enrollment of new patients” in its TELLOMAK Phase II trial evaluating the efficacy and safety of lacutamab (IPH4102) in patients with advanced T-cell lymphomas. Innate cited “ongoing discussions with regulatory authorities regarding Good Manufacturing Practice (GMP) deficiencies at the Company’s manufacturing subcontractor site that manages the fill and finish operations of the lacutamab clinical vials.”On this news, Innate’s American depositary receipt price fell $0.76 per share, or 9.99%, to close at $6.85 on January 9, 2020.Rosen Law Firm is preparing a class action lawsuit to recover losses suffered b Show less Read more
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