NEW ORLEANS–(Enterprise WIRE)–Former Legal professional Standard of Louisiana, Charles C. Foti, Jr., Esq., a associate at the law organization of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Novavax, Inc. (NasdaqGS: NVAX).
On August 5, 2021, the Firm disclosed another delay in submitting the Crisis Use Authorization (“EUA”) for its COVID-19 vaccine products prospect, NVX-CoV2373, from the 3rd quarter of 2021 to the fourth quarter of 2021. Then, on October 19, 2021, Politico reported that anonymous resources stated that manufacturing challenges could delay regulatory authorizations and approvals for NVX-CoV2373 until the conclude of 2022.
The Business has been sued in a securities class motion lawsuit for failing to disclose substance facts, violating federal securities rules, which continues to be ongoing.
KSF’s investigation is concentrating on no matter whether Novavax’s officers and/or directors breached their fiduciary obligations to the Company’s shareholders or in any other case violated point out or federal laws.
If you have details that would aid KSF in its investigation, or have been a extended-term holder of Novavax shares and would like to explore your authorized rights, you could, with no obligation or expense to you, simply call toll-free of charge at 1-877-515-1850 or email KSF Controlling Husband or wife Lewis Kahn ([email protected]), or stop by https://www.ksfcounsel.com/cases/nasdaqgs-nvax/ to find out more.
About Kahn Swick & Foti, LLC
KSF, whose companions involve former Louisiana Attorney General Charles C. Foti, Jr., is one particular of the nation’s leading boutique securities litigation law firms. KSF serves a wide variety of purchasers – like community institutional buyers, hedge cash, cash managers and retail traders – in trying to get to get well financial investment losses owing to company fraud and malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To discover much more about KSF, you may well pay a visit to www.ksfcounsel.com.
Kahn Swick & Foti, LLC
Lewis Kahn, Running Associate