Levi & Korsinsky Announces MacroGenics Class Action Investigation; MGNX Lawsuit

Class Action Reports

Levi & Korsinsky Announces MacroGenics Class Action Investigation; MGNX Lawsuit

Levi & Korsinsky, LLP

September 24, 2019

Levi & Korsinsky, LLP announces that a MGNX class action lawsuit has been commenced on behalf of investors who purchased MacroGenics, Inc. (MGNX) securities between February 6, 2019 and June 3, 2019. For more on the MacroGenics Class Action please contact us today.

According to the MacroGenics lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company had conducted the progression-free survival (“PFS”) and first interim overall survival (“OS”) analyses for the SOPHIA trial by no later than October 10, 2018; (2) the October 2018 PFS analysis showed a 0.9 month improvement in PFS; and (3) the October 2018 OS interim analysis did not produce a statistically significant result and the interim OS Kaplan-Meier curves crossed in several spots (thereby violating the constant hazard assumption) and separated late.

TO LEARN MORE ABOUT THE MGNX CLASS ACTION, VISIT: https://www.zlk.com/pslra-1/macrogenics-inc-loss-form?wire=3

If you suffered a loss in MacroGenics you have until November 12, 2019 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.

 

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