Kirby McInerney LLP alerts investors of class action lawsuit against Applied Therapeutics, Inc. (APLT) – ABC4 Utah
Applied Therapeutics, a biotech company, is facing a class action lawsuit. The lawsuit was filed on behalf of investors who purchased securities of the company.
The allegations in the lawsuit claim that Applied Therapeutics made misleading statements regarding the results of a clinical trial for one of their drug candidates. The lawsuit also alleges that the company failed to disclose certain information that would have been important for investors to know.
As a result of these allegations, the stock price of Applied Therapeutics has taken a hit. Investors are understandably concerned about the potential impact on their investments.
It’s important for investors to be aware of any legal actions taken against a company in which they have invested. Class action lawsuits can have a significant impact on stock prices and investor confidence.
If you are an investor in Applied Therapeutics or any other company facing legal challenges, it’s a good idea to stay informed about the progress of the lawsuit. Consulting with a financial advisor or legal counsel can also provide you with guidance on how to navigate these situations.
As always, it’s crucial to do your own research and make informed decisions when it comes to investing. Keeping up to date with news and developments related to the companies in which you have invested can help you protect your investments and make sound financial choices.
