{"id":386326,"date":"2020-11-21T22:08:49","date_gmt":"2020-11-22T03:08:49","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386326"},"modified":"2020-11-21T22:08:49","modified_gmt":"2020-11-22T03:08:49","slug":"shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-neovasc-inc-nvcn-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-neovasc-inc-nvcn-3\/","title":{"rendered":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Neovasc Inc. &#8211; NVCN"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, Nov.  21, 2020  (GLOBE NEWSWIRE) &#8212; Pomerantz LLP is investigating claims on behalf of investors of Neovasc Inc. (\u201cNeovasc\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0NVCN).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at \u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ylttbcQLfXp0fkDx4um6xRd4unUU8hpC7WhjH1f29AC_P-MElXLtYgq0yU3sOsV5uSTUytRFdq9wAY7vr7Kr2y1UmNFUfMuUot05yunfnvs=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>newaction@pomlaw.com<\/u><\/a> or 888-476-6529, ext. 7980.<\/p>\n<p align=\"justify\">The investigation concerns whether Neovasc and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5gPMdbwn2Lz7gjab6qk8oBzeomWgcql1qnXxQLu42Alw1D42G3zn9CJSbUX7WxRjRvzjvusvcOpUVzqsinw1vvwfurbPacqVLiZVi31gCmwABOQIYEeAoOrLACibpM_mJHInnncebmPWv2kccvyGBuQHhKQaMchAIjNC91GITrw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <u>[Click here for information about joining the class action]<\/u><br \/>\n          <\/strong><br \/>\n        <\/a>\n      <\/p>\n<p align=\"justify\">On October 28, 2020, before the market opened, Neovasc announced that a U.S. Food and Drug Administration advisory panel had voted overwhelmingly against the safety and effectiveness of the Company\u2019s Reducer product, a medical device that treats refractory angina by altering blood flow in the heart\u2019s circulatory system.\u00a0 The panel noted concerns with the Company\u2019s clinical data, including \u201cthat the lack of blinding assessment made the primary endpoint difficult to interpret.\u201d As a result, the panel reached a consensus \u201cthat additional premarket randomized clinical data was necessary.\u201d\u00a0<\/p>\n<p align=\"justify\">On this news, Neovasc\u2019s stock price fell $0.77 per share, or approximately 42%, to close at $1.06 per share on October 28, 2020.<\/p>\n<p align=\"justify\">The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_3wqOOnkgckZlVYZP30_BNgs2hvtGaKzFXZoH7jGKFVKNczlJfUtPqZG-dAM4CFNzzBOJY1ZgrtviXcDOStw4oJZ4web-XlFB7CYGfbwxNQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.pomerantzlaw.com<\/u><\/a>.<\/p>\n<p align=\"justify\">\n        <strong>CONTACT:<br \/><\/strong>Robert S. Willoughby<br \/>Pomerantz LLP<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0J_DTMDYwO96hfilvlbZzTBISnfLm16lM_F1di1Hxub6AbfgpDye5_4SQPu6VgyMkd0D_flIudtH2lfZ4C67ywRgjDc_1h9EvsH1v9_V7rQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>rswilloughby@pomlaw.com<\/u><\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=adHJE_zXEz-h9RpiH8lyaAIEIaxXag30Wete0f_tKnVJG3F43DwaD6EH18AK-PE3H1OHn8RjGamLVJg389PnWQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/><\/a>888-476-6529 ext. 7980<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDI5NCMzODM4Nzc3IzIwMTc2NDQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/aed1f213-8dde-494a-914d-0e8f1ff24147\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Nov. 21, 2020 (GLOBE NEWSWIRE) &#8212; Pomerantz LLP is investigating claims on behalf of investors of Neovasc Inc. (\u201cNeovasc\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0NVCN).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at \u00a0newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Neovasc and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On October 28, 2020, before the market opened, Neovasc announced that a U.S. Food and Drug Administration advisory panel had voted overwhelmingly against the safety and effectiveness of the Company\u2019s Reducer product, a medical device that treats refractory angina by altering blood flow in the heart\u2019s circulatory system.\u00a0 The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-neovasc-inc-nvcn-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Neovasc Inc. &#8211; NVCN&#8221;<\/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-386326","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Neovasc Inc. - NVCN - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-neovasc-inc-nvcn-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Neovasc Inc. - NVCN - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Nov. 21, 2020 (GLOBE NEWSWIRE) &#8212; Pomerantz LLP is investigating claims on behalf of investors of Neovasc Inc. (\u201cNeovasc\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0NVCN).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at \u00a0newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Neovasc and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On October 28, 2020, before the market opened, Neovasc announced that a U.S. Food and Drug Administration advisory panel had voted overwhelmingly against the safety and effectiveness of the Company\u2019s Reducer product, a medical device that treats refractory angina by altering blood flow in the heart\u2019s circulatory system.\u00a0 The &hellip; Continue reading &quot;SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Neovasc Inc. &#8211; NVCN&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-neovasc-inc-nvcn-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-22T03:08:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDI5NCMzODM4Nzc3IzIwMTc2NDQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-neovasc-inc-nvcn-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-neovasc-inc-nvcn-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Neovasc Inc. &#8211; 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Pomerantz LLP is investigating claims on behalf of investors of Neovasc Inc. (\u201cNeovasc\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0NVCN).\u00a0\u00a0 Such investors are advised to contact Robert S. Willoughby at \u00a0newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Neovasc and certain of its officers and\/or directors have engaged in securities fraud or other unlawful business practices.\u00a0 [Click here for information about joining the class action] On October 28, 2020, before the market opened, Neovasc announced that a U.S. Food and Drug Administration advisory panel had voted overwhelmingly against the safety and effectiveness of the Company\u2019s Reducer product, a medical device that treats refractory angina by altering blood flow in the heart\u2019s circulatory system.\u00a0 The &hellip; Continue reading \"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Neovasc Inc. &#8211; NVCN\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-neovasc-inc-nvcn-3\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-22T03:08:49+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5MDI5NCMzODM4Nzc3IzIwMTc2NDQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-neovasc-inc-nvcn-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-neovasc-inc-nvcn-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Neovasc Inc. &#8211; 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