{"id":451943,"date":"2021-03-05T12:52:03","date_gmt":"2021-03-05T17:52:03","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=451943"},"modified":"2021-03-05T12:52:03","modified_gmt":"2021-03-05T17:52:03","slug":"scottscott-attorneys-at-law-llp-alerts-investors-to-securities-class-action-against-athenex-inc-atnx-and-may-3-deadline","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/scottscott-attorneys-at-law-llp-alerts-investors-to-securities-class-action-against-athenex-inc-atnx-and-may-3-deadline\/","title":{"rendered":"Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Action Against Athenex, Inc. (ATNX) and May 3 Deadline"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, March  05, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=o_n-WGOewAKbn5Bdy3NQNsul_wMwYDfn4ohCp7Q8XVsE4sW8JgHGOrbg1OF-WAGegk525XMTJ8saHIReJfazaEBD7DE7G39XaFCjfRjJsWxNsITyULbWwKmGgSY6Faj-\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Scott+Scott Attorneys at Law LLP<\/a> (\u201cScott+Scott\u201d), an international shareholder and consumer rights litigation firm, announces the filing of a class action lawsuit against Athenex, Inc. (\u201cAthenex\u201d or the \u201cCompany\u201d) (NASDAQ: ATNX) and certain of its officers, alleging violations of federal securities laws. <strong>If you purchased Athenex common stock between August 7, 2019 and February 26, 2021, inclusive (the \u201cClass Period\u201d), and have suffered a loss, you are encouraged to contact attorney Joe Pettigrew for additional information at (844) 818-6982 or <\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xwEJbdI3a-5ZSlZLirt9A_UwAJGp9bCGfISMbQ4KzLkmw5GfuR6z32uaP8C9TYYvOqnXUfXK1Y91oP126PuNgD6c1uF3NG4DtNQffsOuCrO5agsEWjzvHVfvaIooY33a\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><strong>jpettigrew@scott-scott.com<\/strong><\/a><strong>.<\/strong><\/p>\n<p align=\"justify\">Athenex is a \u201cglobal clinical stage biopharmaceutical company dedicated to becoming a leader in discovery, development, and commercialization of next generation drugs.\u201d One of Athenex\u2019s main drug candidates is Oral Paclitaxel and Encequidar, designed to treat metastatic breast cancer.<\/p>\n<p align=\"justify\">The lawsuit alleges, among other things, that the Company made materially false and\/or misleading statements by failing to disclose in its New Drug Application (\u201cNDA\u201d) to the Federal Drug Administration (\u201cFDA\u201d) that its drug presented a safety risk to patients; that its drug\u2019s efficacy was in question; that the Company\u2019s testing and review processes were both flawed and introduced unmeasured bias and influence; and that, as a result, it was foreseeable that the FDA would not approve the NDA.\u00a0\u00a0 the lawsuit also alleges the Company made misleading statements touting the effectiveness of its drug, its strong communications with the FDA throughout the drug-development process, and the imminence of realizing its commercial goals for the drug.\u00a0\u00a0<\/p>\n<p align=\"justify\">On March 1, 2021 the Company announced that the FDA had issued a Complete Response Letter for the drug stating that it \u201crecommended that Athenex conduct a new adequate and well-conducted clinical trial.\u201d<\/p>\n<p align=\"justify\">On this news, the price of Athenex\u2019s shares plummeted from the February 26, 2021 close price of $21.10 per share to a close price of just $5.46 on March 1, 2021, a one-day drop of nearly 55%.<\/p>\n<p align=\"justify\">\n        <strong>What You Can Do<\/strong>\n      <\/p>\n<p align=\"justify\">If you purchased <strong>Athenex common stock between August 7, 2019 and February 26, 2021<\/strong>, or if you have questions about this notice or your legal rights, you are encouraged to contact attorney Joe Pettigrew at (844) 818-6982 or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xwEJbdI3a-5ZSlZLirt9A_UwAJGp9bCGfISMbQ4KzLnEIYS8UVw_MWhhpUNZ_VRS8XfIXiAdmYgHbTe2z7YfwtfrFyvCLoP-Bommp5zjLSPBMylq4KdupBGgZPfdvT8B\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">jpettigrew@scott-scott.com<\/a>. The lead plaintiff deadline is May 3, 2021.<\/p>\n<p align=\"justify\">\n        <strong>About Scott+Scott Attorneys at Law LLP<\/strong>\n      <\/p>\n<p align=\"justify\">Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Connecticut, California, and Ohio.<\/p>\n<p align=\"justify\">Attorney Advertising<\/p>\n<p align=\"justify\">\n        <strong>CONTACT:<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>Joe Pettigrew<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=o_n-WGOewAKbn5Bdy3NQNsul_wMwYDfn4ohCp7Q8XVsgo7y55ItioIiUt-g8jPHTw-GEvpMwaIXA93ZdQbhQ3x5EsyX-gn7btaYbVa3YjtBcUrPLSAJBY8lVOdOMLPBe\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <strong>Scott+Scott Attorneys at Law LLP<\/strong><br \/>\n        <\/a><br \/>\n        <br \/>\n        <strong>230 Park Avenue, 17th Floor, New York, NY 10169-1820<\/strong><br \/>\n        <br \/>\n        <strong>(844) 818-6982<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xwEJbdI3a-5ZSlZLirt9A_UwAJGp9bCGfISMbQ4KzLmmk8d0FaIpQMG_ZZefAWUuoV4rtMn2mSvMH9sCOY7pihvd_vdz3oYkgcck6QMhRHi_peWLvUQBaPn1kngET8I2\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <strong>jpettigrew@scott-scott.com<\/strong><br \/>\n        <\/a>\n      <\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTM0MSM0MDUwODUzIzIxODkwNzM=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/827b26b3-a629-4889-bc59-8b2608efa75a\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 05, 2021 (GLOBE NEWSWIRE) &#8212; Scott+Scott Attorneys at Law LLP (\u201cScott+Scott\u201d), an international shareholder and consumer rights litigation firm, announces the filing of a class action lawsuit against Athenex, Inc. (\u201cAthenex\u201d or the \u201cCompany\u201d) (NASDAQ: ATNX) and certain of its officers, alleging violations of federal securities laws. If you purchased Athenex common stock between August 7, 2019 and February 26, 2021, inclusive (the \u201cClass Period\u201d), and have suffered a loss, you are encouraged to contact attorney Joe Pettigrew for additional information at (844) 818-6982 or jpettigrew@scott-scott.com. Athenex is a \u201cglobal clinical stage biopharmaceutical company dedicated to becoming a leader in discovery, development, and commercialization of next generation drugs.\u201d One of Athenex\u2019s main drug candidates is Oral Paclitaxel &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/scottscott-attorneys-at-law-llp-alerts-investors-to-securities-class-action-against-athenex-inc-atnx-and-may-3-deadline\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Action Against Athenex, Inc. (ATNX) and May 3 Deadline&#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-451943","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>Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Action Against Athenex, Inc. (ATNX) and May 3 Deadline - 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\/scottscott-attorneys-at-law-llp-alerts-investors-to-securities-class-action-against-athenex-inc-atnx-and-may-3-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Action Against Athenex, Inc. (ATNX) and May 3 Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 05, 2021 (GLOBE NEWSWIRE) &#8212; Scott+Scott Attorneys at Law LLP (\u201cScott+Scott\u201d), an international shareholder and consumer rights litigation firm, announces the filing of a class action lawsuit against Athenex, Inc. (\u201cAthenex\u201d or the \u201cCompany\u201d) (NASDAQ: ATNX) and certain of its officers, alleging violations of federal securities laws. If you purchased Athenex common stock between August 7, 2019 and February 26, 2021, inclusive (the \u201cClass Period\u201d), and have suffered a loss, you are encouraged to contact attorney Joe Pettigrew for additional information at (844) 818-6982 or jpettigrew@scott-scott.com. Athenex is a \u201cglobal clinical stage biopharmaceutical company dedicated to becoming a leader in discovery, development, and commercialization of next generation drugs.\u201d One of Athenex\u2019s main drug candidates is Oral Paclitaxel &hellip; Continue reading &quot;Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Action Against Athenex, Inc. 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If you purchased Athenex common stock between August 7, 2019 and February 26, 2021, inclusive (the \u201cClass Period\u201d), and have suffered a loss, you are encouraged to contact attorney Joe Pettigrew for additional information at (844) 818-6982 or jpettigrew@scott-scott.com. Athenex is a \u201cglobal clinical stage biopharmaceutical company dedicated to becoming a leader in discovery, development, and commercialization of next generation drugs.\u201d One of Athenex\u2019s main drug candidates is Oral Paclitaxel &hellip; Continue reading \"Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Action Against Athenex, Inc. 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