Core Viewpoint - A class action lawsuit has been filed against Spectrum Pharmaceuticals, Inc. for alleged violations of securities laws, specifically related to misleading statements about the efficacy of its lung cancer treatment, poziotinib [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from March 17, 2022, to September 22, 2022, with a deadline for lead plaintiff appointments set for September 24, 2025 [2]. - The complaint alleges that Spectrum made false and misleading statements regarding the results of its Pinnacle Study for poziotinib, which were less favorable than presented to investors [2]. Group 2: Shareholder Participation - Shareholders who purchased SPPI shares during the class period are encouraged to contact the law firm for potential lead plaintiff appointments, although this is not a requirement for recovery [2][3]. - Once registered, shareholders will be enrolled in a portfolio monitoring system to receive updates on the case's progress at no cost [3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4]. - The firm represents large hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [4].
Spectrum Pharmaceuticals, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - SPPI
Prnewswireยท2025-08-14 13:20