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NEW ORLEANS–(Small business WIRE)–Former Lawyer Standard of Louisiana, Charles C. Foti, Jr., Esq., a partner at the regulation agency of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Novavax, Inc. (NasdaqGS: NVAX).
On August 5, 2021, the Business disclosed an additional delay in submitting the Unexpected emergency Use Authorization (“EUA”) for its COVID-19 vaccine item prospect, NVX-CoV2373, from the third quarter of 2021 to the fourth quarter of 2021. Then, on Oct 19, 2021, Politico noted that nameless resources stated that production challenges could delay regulatory authorizations and approvals for NVX-CoV2373 till the stop of 2022.
The Corporation has been sued in a securities class action lawsuit for failing to disclose product facts, violating federal securities laws, which remains ongoing.
KSF’s investigation is concentrating on irrespective of whether Novavax’s officers and/or directors breached their fiduciary obligations to the Company’s shareholders or otherwise violated point out or federal rules.
If you have information and facts that would support KSF in its investigation, or have been a lengthy-expression holder of Novavax shares and would like to explore your authorized legal rights, you might, without the need of obligation or price tag to you, phone toll-free at 1-877-515-1850 or electronic mail KSF Handling Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/circumstances/nasdaqgs-nvax/ to study a lot more.
About Kahn Swick & Foti, LLC
KSF, whose associates consist of former Louisiana Attorney Common Charles C. Foti, Jr., is one particular of the nation’s leading boutique securities litigation regulation companies. KSF serves a variety of purchasers – such as community institutional buyers, hedge resources, cash professionals and retail buyers – in searching for to get better expense losses thanks to corporate fraud and malfeasance by publicly traded providers. KSF has places of work in New York, California, Louisiana and New Jersey.
To study more about KSF, you could check out www.ksfcounsel.com.
Contacts
Kahn Swick & Foti, LLC
Lewis Kahn, Running Companion
[email protected]
1-877-515-1850
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