Class Action Reports

CNTA Class Action: Learn About the Centessa Lawsuit

Levi & Korsinsky, LLP

October 4, 2022

Levi & Korsinsky, LLP announces that a CNTA class action lawsuit has been filed on behalf of investors who purchased Centessa Pharmaceuticals plc (CNTA) This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired: (a) Centessa American Depositary Shares pursuant and/or traceable to documents issued in connection with the Company’s initial public offering conducted on or about May 28, 2021; and/or (b) Centessa securities between May 28, 2021, and June 1, 2022. For more on the CNTA Lawsuit please contact us today.

 

 

 

 

According to the Centessa lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s product, lixivaptan, was less safe than defendants had represented; (ii) defendants overstated lixivaptan’s clinical and commercial prospects; (iii) another Centessa product, ZF874, was less safe than defendants had represented; (iv) defendants overstated ZF874’s clinical and commercial prospects while downplaying the drug’s safety issues; and (v) as a result, documents issued in connection with Centessa’s initial public offering and the Company’s public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.

 

TO LEARN MORE ABOUT THE CNTA CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in Centessa you have until November 28, 2022, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

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CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com