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OCGN Negative Sentiment Score: 25/100

Ocugen, Inc. Investors: Class action lawsuit filed on behalf of investors; the Portnoy Law Firm

Key Takeaway: The Portnoy Law Firm has announced a class action lawsuit on behalf of Ocugen, Inc. investors who incurred losses between May 8, 2020, and April 1, 2024. The lawsuit claims that Ocugen made false and misleading statements about its financial status and failed to maintain adequate financial reporting controls. Investors are advised to contact the law firm for a complimentary case evaluation and to discuss their legal rights before the deadline of June 10, 2024.

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CONCERNS & RISKS

  • A class action lawsuit has been filed against Ocugen, indicating potential serious legal issues.
  • Allegations of false and misleading statements regarding financial performance may damage investor trust.
  • The company is accused of failing to maintain appropriate financial reporting controls.

Full Press Release Details

Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, June 07, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Ocugen, Inc. (“Ocugen” or “the Company”) (NASDAQ: OCGN) investors that a class action has been filed on behalf of investors. Ocugen investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
Investors who purchased the Company’s securities between May 8, 2020 and April 1, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before June 10, 2024.
According to the Complaint, the Company made false and misleading statements to the market. Ocugen materially misstated its financial statements from May 8, 2020, to recent periods. The Company failed to maintain appropriate controls on financial reporting. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Ocugen, investors suffered damages.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
Attorney Advertising

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Securities Litigation

Frequently Asked Questions

How can I contact the Portnoy Law Firm?

You can reach Lesley Portnoy at 310-692-8883 or email lesley@portnoylaw.com.

What is the deadline for contacting the law firm?

Investors should contact the firm before June 10, 2024.

Who does the class action cover?

It covers investors who bought Ocugen securities from May 8, 2020, to April 1, 2024.

What kind of evaluation does the law firm offer?

The firm offers a complimentary case evaluation to discuss recovery options.

What were the issues with Ocugen's financial statements?

Ocugen made false statements and failed to maintain proper financial reporting controls.

Last updated: Jun 7, 2024