-60% p.a.
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Introduction to our strategy no description yet Quick Summary Metric Value Return % p.a. -60 Days active 408 …
tickers: NVO
source: Benzinga
tickers affected by this
| ticker | polarity | why? |
|---|---|---|
| NVO | positively | The ticker NVO may be positively affected by this news as the class action lawsuit could potentially lead to a settlement, providing financial compensation to investors who suffered losses due to alleged misrepresentations. Additionally, the resolution of legal uncertainties can often boost investor confidence and stabilize the stock price. |
our strategies and bots using these tickers
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summary
Novo Nordisk Investors Reminded of Important Deadline in Securities Class Action
Rosen Law Firm, a global investor rights law firm, is alerting purchasers of Novo Nordisk A/S (NVO) securities about a crucial upcoming deadline. The firm is reminding investors who bought Novo Nordisk securities between November 2, 2022, and December 19, 2024, both dates inclusive, of the March 25, 2025, lead plaintiff deadline.
Potential Compensation for Investors
Investors who purchased Novo Nordisk securities during this period may be eligible for compensation without incurring any out-of-pocket fees or costs. This compensation is facilitated through a contingency fee arrangement.
Lead Plaintiff Eligibility
Investors who wish to serve as a lead plaintiff must file a motion with the court by March 25, 2025. A lead plaintiff acts as a representative for other class members in directing the litigation.
Connecting with Counsel
To join the Novo Nordisk class action, interested parties can visit the Rosen Law Firm’s website or contact Phillip Kim, Esq., at the provided email or phone number listed below for further details.
Details of the Lawsuit
The lawsuit alleges that during the class period, defendants provided overly optimistic statements to investors about the company’s phase 3 CagriSema study on obesity, “REDEFINE-1.” These statements are claimed to have misled investors about the dosages provided to patients and the expected outcomes of the study. It is alleged that the true details of the trial protocol were concealed, which ultimately led to damages for investors when the truth was revealed.
Investor Action Required
Investors should know that no class has been certified to date. They have the option to join the class action or remain as an absent class member. Also, investors who wish to be represented by counsel must retain one. However, being a lead plaintiff does not guarantee compensation.
