{"id":2049,"date":"2020-04-12T09:40:17","date_gmt":"2020-04-12T09:40:17","guid":{"rendered":"https:\/\/icrowdnewswire.com\/2020\/04\/08\/pharmacielo-loss-alert-rosen-a-top-ranked-firm-reminds-pharmacielo-ltd-investors-of-important-may-5th-deadline-in-securities-class-action-lawsuit-encourages-investors-with-large-losses-to-contact\/"},"modified":"2020-04-12T09:40:17","modified_gmt":"2020-04-12T09:40:17","slug":"pharmacielo-loss-alert-rosen-a-top-ranked-firm-reminds-pharmacielo-ltd-investors-of-important-may-5th-deadline-in-securities-class-action-lawsuit-encourages-investors-with-large-losses-to-contact","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/04\/12\/pharmacielo-loss-alert-rosen-a-top-ranked-firm-reminds-pharmacielo-ltd-investors-of-important-may-5th-deadline-in-securities-class-action-lawsuit-encourages-investors-with-large-losses-to-contact\/","title":{"rendered":"PHARMACIELO LOSS ALERT: ROSEN, A TOP RANKED FIRM, Reminds PharmaCielo Ltd. Investors of Important May 5th Deadline in Securities Class Action Lawsuit; Encourages Investors with Large Losses to Contact Firm"},"content":{"rendered":"

NEW YORK<\/span>,— Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of PharmaCielo Ltd. betweenJune 21, 2019<\/span>andMarch 2, 2020<\/span>, inclusive (the “Class Period”), of the importantMay 5, 2020<\/span>lead plaintiff deadline in the securities class action filed by the firm. The lawsuit seeks to recover damages for PharmaCielo investors under the federal securities laws.<\/p>\n

To join the PharmaCielo class action, go tohttp:\/\/www.rosenlegal.com\/cases-register-1798.htmlor callPhillip Kim, Esq.<\/span>toll-free at 866-767-3653 or emailpkim@rosenlegal.comorcases@rosenlegal.comfor information on the class action.<\/p>\n

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.<\/p>\n

According to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) PharmaCielo engaged in an undisclosed related party transactions with General Extract LLC; (2) PharmaCielo engaged in misleading transactions and loans with General Extract LLC and XPhyto Therapeutics Corp.; (3) PharmaCielo’s Research Technology and Processing Centre was never on-schedule and is delayed; (4) the Rionegro facility is located on a floodplain and contaminated with mold and pesticides from its previous tenants; (5) PharmaCielo’s Cauca Department land has never been utilized by the Company and is idle; and (6) as a result, defendants’public statements were materially false and\/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later thanMay 5, 2020<\/span>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go tohttp:\/\/www.rosenlegal.com\/cases-register-1798.htmlor to discuss your rights or interests regarding this class action, please contactPhillip Kim, Esq.<\/span>of Rosen Law Firm toll free at 866-767-3653 or via e-mail atpkim@rosenlegal.comorcases@rosenlegal.com.<\/p>\n

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

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney advertising. Prior results do not guarantee a similar outcome.<\/p>\n

\n

See Campaign: <\/strong>http:\/\/www.rosenlegal.com<\/a>
Contact Information:<\/b>
Laurence Rosen, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/p>\n

Tags:<\/b>
<\/a>, Wire<\/a>, Legal Newswire<\/a>, United States<\/a>, English<\/a><\/p>\n

\"image\"<\/div>\n

\n

Contact Information:<\/h3>\n

Laurence Rosen, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of PharmaCielo Ltd. between June 21, 2019 and March 2, 2020, inclusive (the “Class Period”), of the important May 5, 2020 lead plaintiff deadline in the securities class action filed by the firm. The lawsuit seeks to recover damages for PharmaCielo investors under the … Continue reading PHARMACIELO LOSS ALERT: ROSEN, A TOP RANKED FIRM, Reminds PharmaCielo Ltd. Investors of Important May 5th Deadline in Securities Class Action Lawsuit; Encourages Investors with Large Losses to Contact Firm<\/span><\/a> Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12,22,54],"tags":[],"class_list":["post-2049","post","type-post","status-publish","format-standard","hentry","category-english","category-legal-newswire","category-united-states","category-wire"],"yoast_head":"\nPHARMACIELO LOSS ALERT: ROSEN, A TOP RANKED FIRM, Reminds PharmaCielo Ltd. Investors of Important May 5th Deadline in Securities Class Action Lawsuit; Encourages Investors with Large Losses to Contact Firm - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/04\/12\/pharmacielo-loss-alert-rosen-a-top-ranked-firm-reminds-pharmacielo-ltd-investors-of-important-may-5th-deadline-in-securities-class-action-lawsuit-encourages-investors-with-large-losses-to-contact\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PHARMACIELO LOSS ALERT: ROSEN, A TOP RANKED FIRM, Reminds PharmaCielo Ltd. 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