NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at NewLink Genetics Corporation (“NewLink” or the “Company”) (NASDAQGM:NLNK).
The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that NewLink’s immunotherapy drug, indoximod, was not showing a meaningful benefit in its Phase 2 trial for patients with advanced melanoma.
Since the results of the Phase 2 trial were announced on April 4, 2017, the stock has dropped more than 10% on unusually heavy volume.
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If you invested in NewLink stock or options between October 25, 2016 and April 3, 2017 and would like to discuss your legal rights, visit www.faruqilaw.com/NLNK. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to firstname.lastname@example.org. Faruqi & Faruqi, LLP also encourages anyone with information regarding NewLink’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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