{"id":403195,"date":"2020-12-18T20:03:21","date_gmt":"2020-12-19T01:03:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=403195"},"modified":"2020-12-18T20:03:21","modified_gmt":"2020-12-19T01:03:21","slug":"deadline-alert-bragar-eagel-squire-p-c-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-innate-pharma-s-a-and-encourages-investors-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-bragar-eagel-squire-p-c-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-innate-pharma-s-a-and-encourages-investors-to-contact-the-firm\/","title":{"rendered":"DEADLINE ALERT: Bragar Eagel &amp; Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Innate Pharma S.A. and Encourages Investors 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>DEADLINE ALERT: Bragar Eagel &amp; Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Innate Pharma S.A. and Encourages Investors to Contact the Firm<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBragar Eagel &amp; Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that a class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of investors that purchased Innate Pharma S.A. (NASDAQ: IPHA) securities between March 10, 2020 and September 8, 2020 (the \u201cClass Period\u201d). Investors have until December 22, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.\n<\/p>\n<p>\nClick <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbespc.com%2Fcases%2FIPHA&amp;esheet=52351387&amp;newsitemid=20201218005549&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=deffb2b9c2913c714d4854318b76bdca\">here<\/a> to participate in the action.\n<\/p>\n<p>\nOn September 8, 2020, the Company submitted to the SEC a Form 6-K containing a press release summarizing the results of the first half of 2020, ended June 30, 2020 (the \u201c1H2020 Results\u201d). In the 1H2020 Results, defendants abruptly announced a change in the long-touted payment scheme with AstraZeneca.\n<\/p>\n<p>\nOn this news, Innate\u2019s American Depositary Share (\u201cADS\u201d) prices dropped $1.62, or over 26.6%, from closing at $6.07 on September 4, 2020, the previous trading day, to open at $4.82 on September 8, 2020, and declined throughout the trading day to close at $4.45.\n<\/p>\n<p>\nThe complaint, filed on October 23, 2020, alleges that throughout the Class Period defendants made false and\/or misleading statements and\/or failed to disclose that: (1) Innate touted the results of their various Phase 2 trials as being within expectations; (2) Innate continued to reassure investors that they were eligible for the $100 million payment upon first dosing of Phase 3 trials; (3) Innate failed to timely disclose their renegotiations with AstraZeneca to split the $100 million payment into two $50 million payments, to be partially contingent on performance during the Phase 3 trials; and (4) as a result, defendants\u2019 statements about its business, operations, and prospects, were materially false and misleading and\/or lacked a reasonable basis at all relevant times.\n<\/p>\n<p>\nIf you purchased Innate Pharma securities during the Class Period and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker, Melissa Fortunato, or Marion Passmore by email at <a rel=\"nofollow\" href=\"mailto:investigations@bespc.com\">investigations@bespc.com<\/a>, telephone at (212) 355-4648, or by <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbespc.com%2Fcases%2FIPHA&amp;esheet=52351387&amp;newsitemid=20201218005549&amp;lan=en-US&amp;anchor=filling+out+this+contact+form.&amp;index=2&amp;md5=0fe27576cc209b9581ffb6a8dadfaf37\">filling out this contact form.<\/a> There is no cost or obligation to you.\n<\/p>\n<p><b>About Bragar Eagel &amp; Squire, P.C.:<\/b><\/p>\n<p>\nBragar Eagel &amp; Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bespc.com&amp;esheet=52351387&amp;newsitemid=20201218005549&amp;lan=en-US&amp;anchor=www.bespc.com&amp;index=3&amp;md5=e2a477e7299c83d3f5357bacb403b9ff\">www.bespc.com<\/a>. Attorney advertising. Prior results do not guarantee similar outcomes.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201218005549r1&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\/20201218005549\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201218005549\/en\/<\/a><\/span><\/p>\n<p>\nBragar Eagel &amp; Squire, P.C.<br \/>\n<br \/>Brandon Walker, Esq.<br \/>\n<br \/>Melissa Fortunato, Esq.<br \/>\n<br \/>Marion Passmore, Esq.<br \/>\n<br \/>(212) 355-4648<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investigations@bespc.com\">investigations@bespc.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bespc.com&amp;esheet=52351387&amp;newsitemid=20201218005549&amp;lan=en-US&amp;anchor=www.bespc.com&amp;index=4&amp;md5=666bb55440a490a2e4f988c82b718d2e\">www.bespc.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California New York<\/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\/20201218005549\/en\/538768\/3\/BES+Mark.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>DEADLINE ALERT: Bragar Eagel &amp; Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Innate Pharma S.A. and Encourages Investors to Contact the Firm NEW YORK&#8211;(BUSINESS WIRE)&#8211; Bragar Eagel &amp; Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that a class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of investors that purchased Innate Pharma S.A. (NASDAQ: IPHA) securities between March 10, 2020 and September 8, 2020 (the \u201cClass Period\u201d). Investors have until December 22, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Click here to participate in the action. On September 8, 2020, the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-bragar-eagel-squire-p-c-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-innate-pharma-s-a-and-encourages-investors-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DEADLINE ALERT: Bragar Eagel &amp; Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Innate Pharma S.A. and Encourages Investors 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-403195","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>DEADLINE ALERT: Bragar Eagel &amp; Squire, P.C. 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Reminds Investors That a Class Action Lawsuit Has Been Filed Against Innate Pharma S.A. and Encourages Investors to Contact the Firm NEW YORK&#8211;(BUSINESS WIRE)&#8211; Bragar Eagel &amp; Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that a class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of investors that purchased Innate Pharma S.A. (NASDAQ: IPHA) securities between March 10, 2020 and September 8, 2020 (the \u201cClass Period\u201d). Investors have until December 22, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Click here to participate in the action. On September 8, 2020, the &hellip; Continue reading &quot;DEADLINE ALERT: Bragar Eagel &amp; Squire, P.C. 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Reminds Investors That a Class Action Lawsuit Has Been Filed Against Innate Pharma S.A. and Encourages Investors to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-bragar-eagel-squire-p-c-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-innate-pharma-s-a-and-encourages-investors-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-19T01:03:21+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201218005549r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-bragar-eagel-squire-p-c-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-innate-pharma-s-a-and-encourages-investors-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-bragar-eagel-squire-p-c-reminds-investors-that-a-class-action-lawsuit-has-been-filed-against-innate-pharma-s-a-and-encourages-investors-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"DEADLINE ALERT: Bragar Eagel &amp; Squire, P.C. 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