NEW YORK, July 1, 2024 (GLOBE NEWSWIRE) —
BECAUSE: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Marinus (NASDAQ:) Pharmaceuticals, Inc. (NASDAQ: MRNS) between March 17, 2021 and May 7, 2024, inclusive (the Class Period), of the important notice August 5, 2024, deadline for filing the main claim in the Firm’s first-ever securities class action.
SO WHAT: If you purchased Marinus securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Marinus class action, please visit https://rosenlegal.com/submit-form/?case_id=25735 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for class action information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must ask the Court to file a class action lawsuit. no later than August 5, 2024A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY THE ROSEN LAW? We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies issuing advisories do not have comparable experience or resources or any significant recognition from their peers. Many of these firms do not actually litigate securities class actions, but are simply intermediaries that refer clients or partner with law firms that actually litigate the cases. Be prudent when choosing an attorney. Rosen Law Firm represents investors around the world and concentrates its practice in securities class action lawsuits and shareholder derivative litigation. Rosen Law Firm has achieved the largest securities class action settlement in history against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the firm recovered over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of the Plaintiffs Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the complaint, defendants throughout the class period made materially false and/or misleading statements and/or failed to disclose that: (1) defendants underestimated the risk of not meeting early stopping criteria in the RAISE trial; (2) defendants failed to disclose that a potential consequence of not meeting early stopping criteria in the RAISE trial would be that Marinus would stop the separate Phase 3 RAISE II trial; and (3) as a result, defendants’ statements about their business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the complaint claims, investors suffered damages.
To join the Marinus class action, please visit https://rosenlegal.com/submit-form/?case_id=25735 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information about the class action.
No class action has been certified. Until a class action is certified, you will not be represented by counsel unless you hire one. You may choose counsel of your choice. You may also remain an absent class member and do nothing at this time. An investor’s ability to share in any potential future recovery is not dependent on serving as lead plaintiff.
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Contact information:
Husband Laurence Rosen
Husband Phillip Kim
The Rosen Law Firm, P.A.
275 Madison Avenue, 40He Floor
New York, NY 10016
Phone: (212) 686-1060
Toll-free number: (866) 767-3653
Phone: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com