{"id":397523,"date":"2020-12-10T10:10:09","date_gmt":"2020-12-10T15:10:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397523"},"modified":"2020-12-10T10:10:09","modified_gmt":"2020-12-10T15:10:09","slug":"shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-minerva-neurosciences-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contac","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-minerva-neurosciences-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contac\/","title":{"rendered":"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Minerva Neurosciences, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Minerva Neurosciences, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fschallfirm.com%2F&amp;esheet=52346471&amp;newsitemid=20201210005675&amp;lan=en-US&amp;anchor=The+Schall+Law+Firm&amp;index=1&amp;md5=c11ddcfa04e7b3cfb06a3ecf5acc3b7c\">The Schall Law Firm<\/a>, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Minerva Neurosciences, Inc. (\u201cMinerva\u201d or \u201cthe Company\u201d) (NASDAQ: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FNERV&amp;esheet=52346471&amp;newsitemid=20201210005675&amp;lan=en-US&amp;anchor=NERV&amp;index=2&amp;md5=269a2ecf093ba6a946ea423e4f425866\">NERV<\/a>) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.\n<\/p>\n<p>\nInvestors who purchased the Company&#8217;s securities between May 15, 2017 and November 30, 2020, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before February 8, 2021.\n<\/p>\n<p>\nIf you are a shareholder who suffered a loss, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fschallfirm.com%2Fcases%2Fminerva-neurosciences-inc%2F%23case-form&amp;esheet=52346471&amp;newsitemid=20201210005675&amp;lan=en-US&amp;anchor=click+here+to+participate&amp;index=3&amp;md5=72398f82e942e71a98427fd7943e0603\">click here to participate<\/a>.\n<\/p>\n<p>\nWe also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm&#8217;s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fpr.report%2FmIwBkOrU&amp;esheet=52346471&amp;newsitemid=20201210005675&amp;lan=en-US&amp;anchor=www.schallfirm.com&amp;index=4&amp;md5=0a1529bfe45b7bde96d9e0bdac17d83d\">www.schallfirm.com<\/a>, or by email at <a rel=\"nofollow\" href=\"mailto:brian@schallfirm.com\">brian@schallfirm.com<\/a>.\n<\/p>\n<p>\nThe class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.\n<\/p>\n<p>\nAccording to the Complaint, the Company made false and misleading statements to the market. Minerva failed to inform investors of the true feedback from the FDA after its \u201cend-of-Phase 2\u201d meeting. The Company\u2019s Phase 2b study failed to use the commercial formulation of roluperidone and was exclusively conducted outside of the United States. The Company\u2019s Phase 3 study was rendered incapable of proving the drug\u2019s effectiveness due to failing to meet its primary and key secondary endpoints. The Combination of the Phase 2b and Phase 3 trials would be \u201chighly unlikely\u201d to support an NDA submitted to the FDA. Based on these facts, the Company\u2019s public statements were false and materially misleading throughout the class period. When the market learned the truth about Minerva, investors suffered damages.\n<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fschallfirm.com%2Fcases%2Fminerva-neurosciences-inc%2F%23case-form&amp;esheet=52346471&amp;newsitemid=20201210005675&amp;lan=en-US&amp;anchor=Join+the+case&amp;index=5&amp;md5=1ba2ecdfebb6568b3304eb2988177f5b\">Join the case<\/a> to recover your losses.\n<\/p>\n<p>\nThe Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.\n<\/p>\n<p>\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201210005675r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201210005675\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201210005675\/en\/<\/a><\/span><\/p>\n<p>\nThe Schall Law Firm<br \/>\n<br \/>Brian Schall, Esq.<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.schallfirm.com&amp;esheet=52346471&amp;newsitemid=20201210005675&amp;lan=en-US&amp;anchor=www.schallfirm.com&amp;index=6&amp;md5=05d9dec5364552ee0258944eac9e8bd8\">www.schallfirm.com<br \/>\n<\/a><br \/>Office: 310-301-3335<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:info@schallfirm.com\">info@schallfirm.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201210005675\/en\/827144\/3\/Schall-Firm-Logo-640x360.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Minerva Neurosciences, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Minerva Neurosciences, Inc. (\u201cMinerva\u201d or \u201cthe Company\u201d) (NASDAQ: NERV) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company&#8217;s securities between May 15, 2017 and November 30, 2020, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before February 8, 2021. If you are a shareholder &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-minerva-neurosciences-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contac\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Minerva Neurosciences, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm&#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-397523","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Minerva Neurosciences, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - 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-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-minerva-neurosciences-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contac\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Minerva Neurosciences, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Minerva Neurosciences, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Minerva Neurosciences, Inc. (\u201cMinerva\u201d or \u201cthe Company\u201d) (NASDAQ: NERV) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company&#8217;s securities between May 15, 2017 and November 30, 2020, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before February 8, 2021. If you are a shareholder &hellip; Continue reading &quot;SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Minerva Neurosciences, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-minerva-neurosciences-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contac\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-10T15:10:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201210005675r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\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=\"2 minutes\" \/>\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-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-minerva-neurosciences-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contac\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-minerva-neurosciences-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contac\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Minerva Neurosciences, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm\",\"datePublished\":\"2020-12-10T15:10:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-minerva-neurosciences-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contac\\\/\"},\"wordCount\":455,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-minerva-neurosciences-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contac\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201210005675r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-minerva-neurosciences-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contac\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-minerva-neurosciences-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contac\\\/\",\"name\":\"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Minerva Neurosciences, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-action-reminder-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-minerva-neurosciences-inc-and-encourages-investors-with-losses-in-excess-of-100000-to-contac\/","og_locale":"en_US","og_type":"article","og_title":"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Minerva Neurosciences, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Market Newsdesk","og_description":"SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Minerva Neurosciences, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Minerva Neurosciences, Inc. (\u201cMinerva\u201d or \u201cthe Company\u201d) (NASDAQ: NERV) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company&#8217;s securities between May 15, 2017 and November 30, 2020, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before February 8, 2021. 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