{"id":479108,"date":"2021-04-20T16:17:42","date_gmt":"2021-04-20T20:17:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-announces-filing-of-securities-fraud-class-action\/"},"modified":"2021-04-20T16:17:42","modified_gmt":"2021-04-20T20:17:42","slug":"hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-announces-filing-of-securities-fraud-class-action","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-announces-filing-of-securities-fraud-class-action\/","title":{"rendered":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages FibroGen (FGEN) Investors with Losses to Contact Its Attorneys Now, Announces Filing of Securities Fraud Class Action"},"content":{"rendered":"
\n

SAN FRANCISCO, April 20, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges FibroGen, Inc. (NASDAQ: FGEN)<\/strong> investors with significant losses to submit your losses now<\/a>.<\/p>\n

\n Class Period: <\/strong>Nov. 8, 2019 \u2013 Apr. 6, 2021
Lead Plaintiff Deadline: <\/strong>June 11, 2021
Visit:<\/strong>www.hbsslaw.com\/cases\/FGEN<\/a>
Contact An Attorney Now:<\/strong>FGEN@hbsslaw.com<\/a>
\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0844-916-0895<\/strong><\/p>\n

\n FibroGen, Inc. (NASDAQ: FGEN) Securities Fraud Action: <\/strong>\n <\/p>\n

The complaint centers on FibroGen\u2019s presentation of false data of roxadustat to make the anemia drug look safer than it is.<\/p>\n

Throughout the Class Period, FibroGen touted the prospects of roxadustat. A key selling point for the drug was its purported heart safety as compared to standard of care erythropoietin (EPO) injectable therapies, which cannot be proscribed to a variety of patients at risk of major cardiac events. To support this marketing edge, FibroGen presented data from phase 3 trials purportedly showing roxadustat was safer than EPO, among other at risk populations, in incident dialysis patients.<\/p>\n

But after the market closed on Apr. 6, 2021, FibroGen stunningly admitted to altering stratification factors to make roxadustat\u2019s hazard ratios indicate lower risk relative to EPO. As a result of the data manipulation, FibroGen CEO Enrique Conterno admitted that the company can no longer say its drug was safer than EPO in incident dialysis patients. \u00a0\u00a0<\/p>\n

In response to this news, several analysts slashed their FibroGen share price targets and reduced their investment recommendations. On this news, the Company\u2019s share price fell over 43%, to close at $19.74 per share on Apr. 7, 2021. Shares continued to fall 5% on Apr. 8, 2021, on heavy volume.<\/p>\n

\u201cWe\u2019re focused on investors\u2019 losses and proving FibroGen senior management intentionally manipulated the safety-related data for its anemia drug,\u201d said Reed Kathrein, the Hagens Berman partner leading the investigation.<\/p>\n

If you are a FibroGen investor and have significant losses, or have knowledge that may assist the firm\u2019s investigation, click here to discuss your legal rights with Hagens Berman<\/a>.<\/p>\n

\n Whistleblowers: <\/strong>Persons with non-public information regarding FibroGen should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895<\/strong> or email FGEN@hbsslaw.com<\/a>.<\/p>\n

\n
\n About Hagens Berman<\/u>
\n <\/a>
\n
Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com<\/a>. For the latest news visit our newsroom<\/u><\/a> or follow us on Twitter at @classactionlaw<\/u><\/a>.<\/p>\n

\n Contact: <\/u>
\n
Reed Kathrein, 844-916-0895<\/p>\n<\/p>\n


\n
\n \n <\/div>\n

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

SAN FRANCISCO, April 20, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges FibroGen, Inc. (NASDAQ: FGEN) investors with significant losses to submit your losses now. Class Period: Nov. 8, 2019 \u2013 Apr. 6, 2021Lead Plaintiff Deadline: June 11, 2021Visit:www.hbsslaw.com\/cases\/FGENContact An Attorney Now:FGEN@hbsslaw.com\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0844-916-0895 FibroGen, Inc. (NASDAQ: FGEN) Securities Fraud Action: The complaint centers on FibroGen\u2019s presentation of false data of roxadustat to make the anemia drug look safer than it is. Throughout the Class Period, FibroGen touted the prospects of roxadustat. A key selling point for the drug was its purported heart safety as compared to standard of care erythropoietin … <\/p>\n

Continue reading “HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages FibroGen (FGEN) Investors with Losses to Contact Its Attorneys Now, Announces Filing of Securities Fraud Class Action”<\/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-479108","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages FibroGen (FGEN) Investors with Losses to Contact Its Attorneys Now, Announces Filing of Securities Fraud Class Action - 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\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-announces-filing-of-securities-fraud-class-action\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages FibroGen (FGEN) Investors with Losses to Contact Its Attorneys Now, Announces Filing of Securities Fraud Class Action - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN FRANCISCO, April 20, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges FibroGen, Inc. (NASDAQ: FGEN) investors with significant losses to submit your losses now. Class Period: Nov. 8, 2019 \u2013 Apr. 6, 2021Lead Plaintiff Deadline: June 11, 2021Visit:www.hbsslaw.com\/cases\/FGENContact An Attorney Now:FGEN@hbsslaw.com\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0844-916-0895 FibroGen, Inc. (NASDAQ: FGEN) Securities Fraud Action: The complaint centers on FibroGen\u2019s presentation of false data of roxadustat to make the anemia drug look safer than it is. Throughout the Class Period, FibroGen touted the prospects of roxadustat. 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(NASDAQ: FGEN) investors with significant losses to submit your losses now. Class Period: Nov. 8, 2019 \u2013 Apr. 6, 2021Lead Plaintiff Deadline: June 11, 2021Visit:www.hbsslaw.com\/cases\/FGENContact An Attorney Now:FGEN@hbsslaw.com\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0844-916-0895 FibroGen, Inc. (NASDAQ: FGEN) Securities Fraud Action: The complaint centers on FibroGen\u2019s presentation of false data of roxadustat to make the anemia drug look safer than it is. Throughout the Class Period, FibroGen touted the prospects of roxadustat. A key selling point for the drug was its purported heart safety as compared to standard of care erythropoietin … Continue reading \"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages FibroGen (FGEN) Investors with Losses to Contact Its Attorneys Now, Announces Filing of Securities Fraud Class Action\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-announces-filing-of-securities-fraud-class-action\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-20T20:17:42+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIyMDUxMyM0MTMwNzAwIzIwMTg1MzI=","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\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-announces-filing-of-securities-fraud-class-action\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-announces-filing-of-securities-fraud-class-action\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages FibroGen (FGEN) Investors with Losses to Contact Its Attorneys Now, Announces Filing of Securities Fraud Class Action","datePublished":"2021-04-20T20:17:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-announces-filing-of-securities-fraud-class-action\/"},"wordCount":457,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-announces-filing-of-securities-fraud-class-action\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIyMDUxMyM0MTMwNzAwIzIwMTg1MzI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-announces-filing-of-securities-fraud-class-action\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-encourages-fibrogen-fgen-investors-with-losses-to-contact-its-attorneys-now-announces-filing-of-securities-fraud-class-action\/","name":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages FibroGen (FGEN) Investors with Losses to Contact Its Attorneys Now, Announces Filing of Securities Fraud Class Action - 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