{"id":484507,"date":"2021-04-29T09:06:04","date_gmt":"2021-04-29T13:06:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/emergent-shareholders-june-18-2021-filing-deadline-in-class-action-contact-lieff-cabraser\/"},"modified":"2021-04-29T09:06:04","modified_gmt":"2021-04-29T13:06:04","slug":"emergent-shareholders-june-18-2021-filing-deadline-in-class-action-contact-lieff-cabraser","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/emergent-shareholders-june-18-2021-filing-deadline-in-class-action-contact-lieff-cabraser\/","title":{"rendered":"EMERGENT SHAREHOLDERS: June 18, 2021 Filing Deadline in Class Action \u2013 Contact Lieff Cabraser"},"content":{"rendered":"

<\/p>\n

EMERGENT SHAREHOLDERS: June 18, 2021 Filing Deadline in Class Action \u2013 Contact Lieff Cabraser<\/b><\/p>\n

SAN FRANCISCO–(BUSINESS WIRE<\/a>)–
\nThe law firm of Lieff Cabraser Heimann & Bernstein, LLP announces that class action litigation has been filed on behalf of investors who purchased or otherwise acquired the common stock of Emergent BioSolutions Inc.<\/a> (\u201cEmergent\u201d or the \u201cCompany\u201d) (NYSE: EBS) between July 6, 2020 and March 31, 2021, inclusive (the \u201cClass Period\u201d).\n<\/p>\n

\nIf you purchased or otherwise acquired Emergent common stock during the Class Period, you may move the Court for appointment as lead plaintiff by no later than June 18, 2021. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the actions will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the action.\n<\/p>\n

Emergent investors who wish to learn more about the litigation and how to seek appointment as lead plaintiff should click here<\/a> or contact Sharon M. Lee of Lieff Cabraser toll-free at 1-800-541-7358.\n<\/p>\n

Background on the Emergent Securities Class Litigation<\/span><\/p>\n

\nEmergent, headquartered in Gaithersburg, Maryland, is a specialty biopharmaceutical company that develops vaccines and antibody therapeutics for infectious diseases. The action alleges that during the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that: (1) Emergent\u2019s Baltimore manufacturing plant had a history of manufacturing issues which increased the likelihood of widespread contaminations; (2) the Food and Drug Administration (\u201cFDA\u201d) cited Emergent on multiple occasions for these contamination risks and manufacturing issues; (3) the Baltimore plant was forced to discard millions of doses of COVID-19 vaccines after workers failed to follow manufacturing standards; and (4) as a result of the foregoing, Defendants\u2019 public statements about Emergent\u2019s ability and capacity to mass manufacture multiple COVID-19 vaccines at its Baltimore facility were materially false and\/or misleading and\/or lacked a reasonable basis.\n<\/p>\n

\nOn March 31, 2021, after the market closed, the New York Times <\/i>reported on the accidental contamination of COVID-19 vaccines developed by Johnson & Johnson and AstraZeneca at Emergent\u2019s Baltimore plant. According to the Times<\/i>, in late February 2021, employees at Emergent\u2019s Baltimore plant \u201cmixed up\u201d ingredients of the two different COVID-19 vaccines, contaminating up to 15 million doses of Johnson & Johnson\u2019s vaccine and forcing regulators to delay authorization of the plant\u2019s production lines. The massive vaccine lot contamination reportedly went undiscovered for days. On April 1, 2021, the Associated Press<\/i> reported on Emergent\u2019s \u201chistory of violations,\u201d noting that the FDA has repeatedly cited Emergent for quality control shortcomings. On April 3, the Times<\/i> reported that the Biden administration put Johnson & Johnson in charge of the Baltimore plant and prohibited it from producing the AstraZeneca vaccine, a significant setback for Emergent, which had touted its \u201cunique\u201d preparedness and \u201cproven manufacturing capabilities\u201d only months earlier. On this news, the price of Emergent\u2019s stock price fell $14.29 per share, or over 15% over the next two trading days, from a close of $92.91 per share on March 31, 2021, to close at $78.62 on April 5, 2021.\n<\/p>\n

About Lieff Cabraser<\/b><\/p>\n

\nLieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, and Nashville, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.\n<\/p>\n

The National Law Journal<\/i> has recognized Lieff Cabraser as one of the nation\u2019s top plaintiffs\u2019 law firms for fourteen years. In compiling the list, the National Law Journal<\/i> examines recent verdicts and settlements and looked for firms \u201crepresenting the best qualities of the plaintiffs\u2019 bar and that demonstrated unusual dedication and creativity.\u201d Law360<\/i> has selected Lieff Cabraser as one of the Top 50 law firms nationwide for litigation, highlighting our firm\u2019s \u201claser focus\u201d and noting that our firm routinely finds itself \u201cfacing off against some of the largest and strongest defense law firms in the world.\u201d Benchmark Litigation<\/i> has named Lieff Cabraser one of the \u201cTop 10 Plaintiffs\u2019 Firms in America.\u201d\n<\/p>\n

\nFor more information about Lieff Cabraser and the firm\u2019s representation of investors, please visit https:\/\/www.lieffcabraser.com\/<\/a>.\n<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210429005156\/en\/<\/a><\/span><\/p>\n

Source\/Contact for Media Inquiries Only
\n<\/b>
Sharon M. Lee
\n
Lieff Cabraser Heimann & Bernstein, LLP
\n
Telephone: 1-800-541-7358\n<\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

EMERGENT SHAREHOLDERS: June 18, 2021 Filing Deadline in Class Action \u2013 Contact Lieff Cabraser SAN FRANCISCO–(BUSINESS WIRE)– The law firm of Lieff Cabraser Heimann & Bernstein, LLP announces that class action litigation has been filed on behalf of investors who purchased or otherwise acquired the common stock of Emergent BioSolutions Inc. (\u201cEmergent\u201d or the \u201cCompany\u201d) (NYSE: EBS) between July 6, 2020 and March 31, 2021, inclusive (the \u201cClass Period\u201d). If you purchased or otherwise acquired Emergent common stock during the Class Period, you may move the Court for appointment as lead plaintiff by no later than June 18, 2021. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share … <\/p>\n

Continue reading “EMERGENT SHAREHOLDERS: June 18, 2021 Filing Deadline in Class Action \u2013 Contact Lieff Cabraser”<\/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-484507","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEMERGENT SHAREHOLDERS: June 18, 2021 Filing Deadline in Class Action \u2013 Contact Lieff Cabraser - 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\/emergent-shareholders-june-18-2021-filing-deadline-in-class-action-contact-lieff-cabraser\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EMERGENT SHAREHOLDERS: June 18, 2021 Filing Deadline in Class Action \u2013 Contact Lieff Cabraser - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"EMERGENT SHAREHOLDERS: June 18, 2021 Filing Deadline in Class Action \u2013 Contact Lieff Cabraser SAN FRANCISCO–(BUSINESS WIRE)– The law firm of Lieff Cabraser Heimann & Bernstein, LLP announces that class action litigation has been filed on behalf of investors who purchased or otherwise acquired the common stock of Emergent BioSolutions Inc. (\u201cEmergent\u201d or the \u201cCompany\u201d) (NYSE: EBS) between July 6, 2020 and March 31, 2021, inclusive (the \u201cClass Period\u201d). If you purchased or otherwise acquired Emergent common stock during the Class Period, you may move the Court for appointment as lead plaintiff by no later than June 18, 2021. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. 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