NEW YORK--(BUSINESS WIRE)--Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of NextCure Inc. ("NextCure" or the "Company") (NASDAQ: NXTC) resulting from allegations that NextCure might have issued misleading information to the investing public.
If you purchased NextCure securities, and/or would like to discuss your legal rights and options please visit NXTC Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.
On July 13, 2020, NextCure made a shocking admission. Specifically, in a press release entitled, “NextCure provides an Interim update of the Phase 2 Portion of the NC318 Monotherapy Phase 1/2 Trial and Announces Departure Chief Medical Officer,” NextCure announced that the Company was no longer planning to “advance the nonsmall cell lung cancer (NSCLC) and ovarian cancer cohorts in the stage 2 portion of the Simon 2-stage trial,” citing “clinical response data” and “current enrollment criteria.” The July 13, 2020 announcement continued, stating, in relevant part, “The analysis of biomarker data for these cohorts has been delayed and is not yet complete. The company will evaluate whether to pursue additional monotherapy studies in NSCLC and ovarian cancer after a review of that information."
On this news, NextCure's shares, which had closed at $17.88 per share on July 10, 2020, dropped over 54% the next trading day to close at $8.15 per share on July 13, 2020 on unusually high trading volume.
If you purchased NextCure securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/nextcureinc-nxtc-shareholder-class-action-lawsuit-stock-fraud-313/apply/ contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.
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