Business News • MarketWire • Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) |
Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) |
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Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Arena Pharmaceuticals, Inc. (NASDAQ: ARNA)
OKLAHOMA CITY, OK--(Marketwire - September 22, 2010) - On September 20, 2010, a class action lawsuit was filed in the United States District Court for the Southern District of California against Arena Pharmaceuticals, Inc. (NASDAQ: ARNA). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price. The class period is from May 11, 2009 through September 16, 2010.
View More : http://www.marketwire.com/mw/release.do?id=1323687&sourceType=3
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