/biz/ - Business & Finance

https://www.benzinga.com/pressreleases/20/10/n18136033/pomerantz-law-firm-announces-the-filing-of-a-class-action-against-celsion-corporation-certain-offi

>The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading because they misrepresented and failed to disclose the following adverse facts pertaining to the Company's business, operations, and prospects, which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Defendants had significantly overstated the efficacy of ThermoDox; (ii) the foregoing significantly diminished the approval and commercialization prospects for ThermoDox; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

tl;dr they're saying the company overpromised on this medicine and then the clinical trials ended up being stopped in july the stock tanked. Nothingburger with recovery potential or do I bail?

>>23156871
just bought a couple shares this looks promising