{"id":397673,"date":"2020-12-10T13:35:11","date_gmt":"2020-12-10T18:35:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397673"},"modified":"2020-12-10T13:35:11","modified_gmt":"2020-12-10T18:35:11","slug":"nerv-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-minerva-neurosciences-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nerv-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-minerva-neurosciences-inc\/","title":{"rendered":"NERV INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Minerva Neurosciences, Inc."},"content":{"rendered":"
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NEW YORK, Dec. 10, 2020 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Minerva Neurosciences, Inc. (“Minerva” or the “Company”) (NASDAQ: NERV) from May 15, 2017 through November 30, 2020 (the “Class Period”). The lawsuit filed in the United States District Court for the District of Massachusetts alleges violations of the Securities Exchange Act of 1934.<\/p>\n

If you purchased <\/strong>Minerva<\/strong> securities, and\/or would like to discuss your legal rights and options<\/strong> please visit Minerva Shareholder Class Action Lawsuit<\/a> or contact Matthew E. Guarnero<\/a> toll free at (877) 779-1414<\/strong> or MGuarnero@bernlieb.com<\/a>.<\/p>\n

The complaint alleges that throughout the Class Period, defendants made false and\/or misleading statements and\/or failed to disclose that: (i) the truth about the feedback received from the FDA concerning the \u201cend-of-Phase 2\u201d meeting; (ii) the Phase 2b study did not use the commercial formulation of roluperidone and was conducted solely outside of the United States; (iii) the failure of the Phase 3 study to meet its primary and key secondary endpoints rendered that study incapable of supporting substantial evidence of effectiveness; (iv) the Company\u2019s plan to use the combination of the Phase 2b and Phase 3 studies would be \u201chighly unlikely\u201d to support the submission of an NDA; (v) reliance on these two trials in the submission of an NDA would lead to \u201csubstantial review issues\u201d because the trials were inadequate and not well-controlled; and (vi) as a result, the Company\u2019s public statements were materially false and misleading at all relevant times.<\/p>\n

On December 1, 2020, Minerva issued a press release in which the Company announced the outcome of tis Type C Meeting with the FDA concerning roluperidone. In the announcement, Minerva stated that it had “received official meeting minutes from the November 10, 2020 Type C meeting with the” FDA. In this release, Minerva disclosed for the first time that the “\u201cFDA advised that the Phase 2b study is problematic because it did not use the commercial formulation of roluperidone and was conducted solely outside of the United States. In addition, FDA commented that the Phase 3 study does not appear to be capable of supporting substantial evidence of effectiveness . . . .\u201d Indeed, the \u201cFDA cautioned that an NDA submission based on the current data from the Phase 2b and Phase 3 studies would be highly unlikely to be filed and that at a minimum, there would be substantial review issues due to the lack of two adequate and well-controlled trials to support efficacy claims for this indication.\u201d<\/p>\n

On this news, Minerva’s stock price fell from its November 30, 2020 closing price of $3.89 per share to a December 1, 2020 closing price of $2.89 per share.<\/p>\n

If you wish to serve as lead plaintiff, you must move the Court no later than February 8, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn\u2019t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.<\/p>\n

If you purchased <\/strong>Minerva<\/strong>securities, and\/or would like to discuss your legal rights and options<\/strong> please visit https:\/\/www.bernlieb.com\/cases\/minervaneurosciencesinc-nerv-shareholder-class-action-lawsuit-stock-fraud-342\/apply\/<\/a> or contact Matthew E. Guarnero<\/a> toll free at (877) 779-1414<\/strong> or MGuarnero@bernlieb.com<\/a>.<\/p>\n

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal\u2019s \u201cPlaintiffs\u2019 Hot List\u201d thirteen times and listed in The Legal 500 for ten consecutive years.<\/p>\n

ATTORNEY ADVERTISING. \u00a9 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.<\/p>\n

Contact Information<\/p>\n

Matthew E. Guarnero
Bernstein Liebhard LLP
https:\/\/www.bernlieb.com
(877) 779-1414
MGuarnero@bernlieb.com<\/p>\n

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

NEW YORK, Dec. 10, 2020 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Minerva Neurosciences, Inc. (“Minerva” or the “Company”) (NASDAQ: NERV) from May 15, 2017 through November 30, 2020 (the “Class Period”). The lawsuit filed in the United States District Court for the District of Massachusetts alleges violations of the Securities Exchange Act of 1934. If you purchased Minerva securities, and\/or would like to discuss your legal rights and options please visit Minerva Shareholder Class Action Lawsuit or contact Matthew E. Guarnero toll … <\/p>\n

Continue reading “NERV INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Minerva Neurosciences, Inc.”<\/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-397673","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNERV INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Minerva Neurosciences, Inc. - 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\/nerv-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-minerva-neurosciences-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NERV INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Minerva Neurosciences, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Dec. 10, 2020 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Minerva Neurosciences, Inc. 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(“Minerva” or the “Company”) (NASDAQ: NERV) from May 15, 2017 through November 30, 2020 (the “Class Period”). The lawsuit filed in the United States District Court for the District of Massachusetts alleges violations of the Securities Exchange Act of 1934. If you purchased Minerva securities, and\/or would like to discuss your legal rights and options please visit Minerva Shareholder Class Action Lawsuit or contact Matthew E. Guarnero toll … Continue reading \"NERV INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Minerva Neurosciences, Inc.\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/nerv-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-minerva-neurosciences-inc\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-10T18:35:11+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEwMDAwMyMzODY1NDA1IzIwMjkzNDk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nerv-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-minerva-neurosciences-inc\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nerv-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-minerva-neurosciences-inc\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"NERV INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Minerva Neurosciences, Inc.","datePublished":"2020-12-10T18:35:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nerv-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-minerva-neurosciences-inc\/"},"wordCount":740,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nerv-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-minerva-neurosciences-inc\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEwMDAwMyMzODY1NDA1IzIwMjkzNDk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/nerv-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-minerva-neurosciences-inc\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/nerv-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-minerva-neurosciences-inc\/","name":"NERV INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Minerva Neurosciences, Inc. - 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