Legal

ROSEN, A Renowned Firm, Advises Outlook Therapeutics Investors Regarding Upcoming Claims Deadline - OTLK

Published November 26, 2023

NEW YORK, Nov. 25, 2023 (GLOBE NEWSWIRE) – Rosen Law Firm, renowned for its defense of global investor rights, has issued a reminder to investors who acquired shares of Outlook Therapeutics, Inc. OTLK, a late-stage biopharmaceutical company specializing in the development of monoclonal antibodies for ophthalmic use. The firm is spearheading a securities class action lawsuit against Outlook Therapeutics and is urging shareholders who experienced losses during the purchase period to obtain legal counsel prior to the looming deadline.

Securities Class Action Alert

Investors who purchased Outlook Therapeutics' securities between December 29, 2022, and August 29, 2023, inclusive of the 'Class Period,' may be eligible to participate in the lawsuit. The suit seeks to recover damages caused by alleged corporate misconduct and misleading statements that have negatively impacted investor fortunes. Shareholders are encouraged to act promptly as the important deadline of January 2, is fast approaching, and failure to file a claim by this date could result in forfeiture of entitlement to compensation.

Background on Outlook Therapeutics

Headquartered in Cranbury, New Jersey, Outlook Therapeutics, Inc. is focused on forging ahead in the biopharmaceutical industry with special attention to ophthalmic indications. Despite the potential promise of their clinical developments, the company's investors have faced financial turbulence prompting the class action suit. The forthcoming legal process aims to rectify any alleged misrepresentations and bring justice to affected shareholders.

Investor Action is Critical

ROSEN emphasizes the importance of shareholder vigilance in investment matters. The ongoing suit represents a crucial moment for shareholders to assert their rights and seek reparation for any unjust losses ascribed to Outlook Therapeutics' actions. Investors who have incurred losses during the 'Class Period' are advised to contact ROSEN Law Firm to ensure they are adequately represented in the class action proceeding before the January 2, deadline.

securities, lawsuit, deadline