AVID ALERT: Bragar Eagel & Squire, P.C. is Investigating Avid Bioservices, Inc. on Behalf of Avid Stockholders and Encourages Investors to Contact the Firm
NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Avid Bioservices, Inc. (“Avid” or the “Company”) (NASDAQ: CDMO) on behalf of Avid stockholders. Our investigation concerns whether Avid has violated the federal securities laws and/or engaged in other unlawful business practices.
Click here to participate in the action.
After the market close on March 6, Avid Bioservices disclosed that it is evaluating whether its previously issued financial statements should be relied on and that it may not be able to timely file its most recent quarterly financial results. Avid attributed this to having failed to remove a restrictive legend on previously issued 1.25% exchangeable notes.
Shares of Avid Bioservices, Inc. dropped more than 28% in intraday trading on March 7, 2024.
If you purchased or otherwise acquired Avid shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
[email protected]
www.bespc.com
Previous Posts:
- Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against BioNTech, Mobileye, BioVie, and ADM and Encourages Investors to Contact the Firm
- Translation Management Systems Market worth $5.7 billion by 2030, growing at a CAGR of 17.2%: Report by MarketsandMarkets™
- Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against iRhythm, Hut 8, Xponential, and Amplitude and Encourages Investors to Contact the Firm
Next Posts:
- BIONTECH DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against BioNTech SE and Encourages Investors to Contact the Firm
- Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Fox Factory, and Nextdoor and Encourages Investors to Contact the Firm
- CI&T ALERT: Bragar Eagel & Squire, P.C. is Investigating CI&T Inc. on Behalf of CI&T Stockholders and Encourages Investors to Contact the Firm