{"id":379975,"date":"2020-11-12T11:03:03","date_gmt":"2020-11-12T16:03:03","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=379975"},"modified":"2020-11-12T11:03:03","modified_gmt":"2020-11-12T16:03:03","slug":"nvcn-investor-alert-bronstein-gewirtz-grossman-llc-notifies-neovasc-inc-investors-of-class-action-and-lead-plaintiff-deadline-january-5-2021-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nvcn-investor-alert-bronstein-gewirtz-grossman-llc-notifies-neovasc-inc-investors-of-class-action-and-lead-plaintiff-deadline-january-5-2021-2\/","title":{"rendered":"NVCN Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Neovasc Inc. Investors of Class Action and Lead Plaintiff Deadline: January 5, 2021"},"content":{"rendered":"
\n

NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Neovasc Inc. (“Neovasc” or “the Company”) (NASDAQ: NVCN) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Neovasc securities between\u00a0November 1, 2019 and October 27, 2020, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/nvcn<\/a>.<\/p>\n

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.<\/p>\n

The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that: (1) the results of COSIRA, Neovasc\u2019s clinical study for the Reducer, contained imbalances in missing information present in the control group versus the treatment group, including significant missing information for secondary endpoints but none for the primary endpoint; (2) the imbalance in missing information indicated that control subjects were aware of their treatment assignment (not blinded) and less inclined to participate in additional data collection; (3) blinding is critical when studying a placebo-responsive condition such as angina; (4) the lack of blinding assessment made the primary endpoint difficult to interpret; (5) as a result of the foregoing, the FDA was reasonably likely to require additional premarket clinical data; (6) as a result, the Company\u2019s PMA for Reducer was unlikely to be approved without additional clinical data; and (7) as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm\u2019s site: www.bgandg.com\/nvcn<\/a> or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Neovasc you have until January 5, 2021 to request that the Court appoint you as lead plaintiff.\u00a0 Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.<\/p>\n

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.\u00a0 Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.\u00a0 In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm\u2019s expertise includes general corporate and commercial litigation, as well as securities arbitration.\u00a0 \u00a0Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com<\/a><\/p>\n

\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Neovasc Inc. (“Neovasc” or “the Company”) (NASDAQ: NVCN) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Neovasc securities between\u00a0November 1, 2019 and October 27, 2020, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm\u2019s site: www.bgandg.com\/nvcn. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose … <\/p>\n

Continue reading “NVCN Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Neovasc Inc. Investors of Class Action and Lead Plaintiff Deadline: January 5, 2021”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-379975","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNVCN Investor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Neovasc Inc. 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