Scott+Scott Attorneys at Law LLP Announces Investigation into Axsome Therapeutics Inc. (AXSM)
NEW YORK–(BUSINESS WIRE)–#AXSM—Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, is investigating whether Axsome Therapeutics Inc. (“Axsome” or the “Company”) (NYSE: AXSM), or certain of its officers and directors, violated federal securities laws. If you purchased ATI securities and recently suffered a loss, you are encouraged to contact Scott+Scott attorney Joe Pettigrew at 844-818-6982 or [email protected] for more information.
The investigation focuses on statements by Axsome and others concerning Axsome’s potential product candidate, AXS-05, a potential treatment for major depressive disorder.
On August 9, 2021, Axsome announced that the FDA had found deficiencies with its New Drug Application (NDA) for AXS-05. The Company said it was attempting to determine the nature of the deficiencies, and that this announcement may delay the approval of AXS-05.
On this news, the price of Axsome shares fell 46.5% on August 9, 2021, to close at $27.37, down from the previous close price of $51.16.
What You Can Do
If you purchased Axsome shares or securities, and you wish to discuss this investigation, please contact attorney Joe Pettigrew at 844-818-6982, or at [email protected].
About Scott+Scott Attorneys at Law LLP
Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, Virginia, and Ohio.
Attorney Advertising
Contacts
Joe Pettigrew
Scott+Scott Attorneys at Law LLP
230 Park Avenue, 17th Floor
New York, NY 10169
844-818-6982
[email protected]
