{"id":61234,"date":"2024-02-17T16:35:06","date_gmt":"2024-02-17T16:35:06","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/rosen-skilled-investor-counsel-encourages-biovie-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-bivi\/"},"modified":"2024-02-17T16:35:06","modified_gmt":"2024-02-17T16:35:06","slug":"rosen-skilled-investor-counsel-encourages-biovie-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-bivi","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/rosen-skilled-investor-counsel-encourages-biovie-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-bivi\/","title":{"rendered":"ROSEN, SKILLED INVESTOR COUNSEL, Encourages BioVie Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action \u2013 BIVI"},"content":{"rendered":"
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NEW YORK, Feb. 17, 2024 (GLOBE NEWSWIRE) — <\/p>\n

WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of BioVie Inc. (NASDAQ: BIVI) between August 5, 2021 and November 29, 2023, both dates inclusive (the \u201cClass Period\u201d), of the important March 19, 2024 lead plaintiff deadline.<\/strong><\/p>\n

SO WHAT:<\/strong> If you purchased BioVie 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.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the BioVie class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=21342<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 19, 2024<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. <\/strong>Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 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 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE: <\/strong>According to the lawsuit, defendants made materially false and\/or misleading because they misrepresented and failed to disclose the following adverse facts pertaining to BioVie\u2019s business, operations and prospects, which were known to defendants or recklessly disregarded by them. Specifically, defendants made false and\/or misleading statements and\/or failed to disclose that: (1) the ongoing COVID-19 pandemic caused \u201climited access\u201d to clinical trial sites, significantly affecting BioVie\u2019s ability to conduct proper oversight of the clinical trial; (2) due to the \u201climited access\u201d to the clinical trial sites, the trial was at higher risk of having \u201csignificant deviation from protocol and Good Clinical Practice (GCP) violations\u201d and \u201canomalous data;\u201d (3) BioVie was experiencing issues with the contact research organizations it had retained, creating greater risk of the trial being in non-compliance with GCPs; (4) BioVie had identified \u201chigher than expected levels of deviations\u201d in the data; (5) due to a \u201chighly unusual level of suspected improprieties\u201d there was a heightened risk a majority of the clinical trial subjects would be excluded; (6) as a result of the exclusions, there was a heightened material risk that the clinical trial would \u201cnot achieve statistical significance;\u201d and (7) as a result of the foregoing, statements about BioVie\u2019s business, operations, prospects, and\/or compliance with good GCP were materially false and\/or misleading and\/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the BioVie class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=21342<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

——————————-<\/p>\n

Contact Information:<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Laurence Rosen, Esq.
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Phillip Kim, Esq.
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0The Rosen Law Firm, P.A.
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0275 Madison Avenue, 40th Floor
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0New York, NY 10016
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Tel: (212) 686-1060
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Toll Free: (866) 767-3653
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Fax: (212) 202-3827
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0lrosen@rosenlegal.com<\/a>
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0pkim@rosenlegal.com<\/a>
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0cases@rosenlegal.com<\/a>
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0www.rosenlegal.com<\/a><\/p>\n

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