The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the District of Maryland on behalf of investors who purchased MacroGenics, Inc. (NASDAQGS: MGNX) securities between February 6, 2019 and June 3, 2019.
According to the MacroGenics lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (a) the Company had conducted the progression-free survival (“PFS”) and first interim overall survival (“OS”) analyses for the SOPHIA trial by no later than October 10, 2018; (b) the October 2018 PFS analysis showed a 0.9 month improvement in PFS; and (c) the October 2018 OS interim analysis did not produce a statistically significant result and the interim OS Kaplan-Meier curves crossed in several spots (thereby violating the constant hazard assumption) and separated late.
If you suffered a loss in MacroGenics you have until November 12, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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