[ACCESSWIRE]
NEW YORK, NY / ACCESSWIRE / January 17, 2017 / To: Anyone that purchased or otherwise acquired shares of TG Therapeutics, Inc. ("TGTX") (NASDAQ: TGTX) between September 15, 2014 and October 12, 2016. You are hereby notified that Levi & Korsinsky has commenced the class action Lyon v. TG Therapeutics, Inc., et al, (Case No. 1:17-cv-00112) in the USDC for the Southern District of New York.
To get more information go to: http://www.zlk.com/pslra/tg-therapeutics or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that, throughout the Class Period, TGTX misrepresented and/or omitted material information concerning its GENUINE Phase III clinical trial for its proprietary combination of drug therapies TG-1101 and TGR-1202. The Phase III trial consisted of two parts, Part I evaluating the effect of the addition of TG-1101 to ibrutinib on overall response rate (ORR) in approximately 200 patients, and Part II evaluating the effect of the addition of TG-1101 to ibrutinib on progression-free survival (PFS) in all study patients.
During the class period TGTX repeatedly assured investors as to the efficacy and potential FDA approval of the treatment, referring to it as a "best-in-class treatment." Then on October 13, 2016, TGTX announced that it would abandon Part II of the study, thus annulling its filed Special Protocol Assessment with the FDA and cutting enrollment and increasing the likelihood that the FDA would not approve the combination treatment.
Take Action:
If you suffered a loss in TGTX, you have until March 7, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky LLP encourages anyone with information regarding TGTX's conduct to contact us, including whistleblowers, former employees, shareholders, and others.
Levi & Korsinsky LLP is a national securities firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise representing investors in securities lawsuits, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes. We welcome the opportunity to discuss your particular case. All communications will be treated confidentially.
SOURCE: Levi & Korsinsky LLP
