Class action lawsuit filed on behalf of investors; the Portnoy Law Firm

Investors can get hold of the law company at no expense to discover extra about recovering their losses

LOS ANGELES, Could 12, 2022 (Globe NEWSWIRE) — The Portnoy Regulation Business advises Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (“Aurinia” or the “Company”) buyers that a class motion filed on behalf of investors that lost revenue on their Aurinia inventory. Aurinia investors are encouraged to make contact with the agency to discuss their lawful rights.

Buyers are encouraged to call legal professional Lesley F. Portnoy, by mobile phone 844-767-8529 or e mail: [email protected], to examine their legal rights, or click on here to sign up for the circumstance by means of The Portnoy Legislation Business can present a complimentary circumstance analysis and focus on investors’ options for pursuing promises to recuperate their losses.

According to the lawsuit, defendants during the Course Period built fake and/or misleading statements and/or unsuccessful to disclose that: (1) Aurinia was suffering from declining revenues (2) Aurinia’s 2022 product sales outlook for LUPKYNIS would tumble nicely short of anticipations (3) appropriately, the Firm experienced significantly overstated LUPKYNIS’s business potential clients (4) as a outcome, the Company experienced overstated its economical posture and/or prospective customers for 2022 and (5) as a result, the Firm’s community statements ended up materially false and deceptive at all relevant moments. When the legitimate facts entered the current market, the lawsuit claims that traders suffered damages.

You should visit our web site to assessment far more info and submit your transaction information.

The Portnoy Law Business signifies traders in pursuing claims in opposition to triggered by corporate wrongdoing. The Firm’s founding husband or wife has recovered above $5.5 billion for aggrieved buyers. Legal professional promotion. Prior final results do not promise comparable results.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
[email protected]

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