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TG Therapeutics, Inc. (TGTX)



Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In TG Therapeutics, Inc. To Contact The Firm

Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in TG Therapeutics, Inc. (“TG Therapeutics” or the “Company”) (NASDAQ:TGTX) of the December 3, 2018 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

If you invested in TG Therapeutics stock or options between June 4, 2018 and September 25, 2018 and would like to discuss your legal rights, please fill out the form below.  There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com. 

The lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all those who purchased TG Therapeutics common stock between June 4, 2018 and September 25, 2018 (the “Class Period”).  The case, Reinmann v. TG Therapeutics, Inc. et al, No. 1:18-cv-09104 was filed on October 4, 2018 and has been assigned to Judge Katherine Polk Failla.

The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) TG Therapeutics was involved in cleaning the data collected in the UNITY-CLL study, a Phase 3 trial evaluating a combination therapy for patients with Chronic Lymphocytic Leukemia, and, as a result, was able to gain an understanding as to the efficacy of the therapy; (2) as a result of that data cleaning, TG Therapeutics knew that the study had failed to meet its stated goal and that, as a result, the Company would not be able to seek accelerated approval; and (3) given that the study had failed to meet its stated goal it was highly unlikely that the combination therapy would meet its primary endpoint.

On September 25, 2018, TG Therapeutics announced that it wouldn’t be releasing the data from the UNITY-CLL study and that it had failed to meet its stated goal. Specifically, the Company stated that its Data Safety Monitoring Board had advised it that the data from the study was not “sufficiently mature” to conduct an analysis.

After the announcement, TG Therapeutics’ share price fell from $9.25 per share on September 24, 2018 to a closing price of $5.15 on September 25, 2018—a $4.10 or a 44.32% drop.

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  • Case:
    TG Therapeutics, Inc. (TGTX)

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Contact Counsel

Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


Case Details


  • 10/05/2018

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