Russ Cohen

Allarity Therapeutics, Inc. Faces Securities Fraud Lawsuit Amidst Allegations of Misconduct

Investors who recently placed their bets on Allarity Therapeutics, Inc. have now found themselves embroiled in a Securities Exchange Act saga. The class action lawsuit, as initiated by shareholders, accuses Allarity of breaching §§10(b) and 20(a) of the Act, along with the notorious Rule 10b-5 of the U.S. Securities and Exchange Commission.

The allegations stem from the period between May 17, 2022, and July 19, 2024, a tumultuous window dubbed the “Class Period.” Perturbed investors, urged by the winds of change, are summoned to reach out to the Schall Law Firm before November 12, 2024.

Feeling the sting of loss? Click here to join the quest for justice and stand your ground alongside fellow shareholders.

Ah! The drama continues! Prospective plaintiffs are counseled to confabulate with the honorable Brian Schall of the Schall Law Firm, nestled at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067. A most fortuitous opportunity to discuss your plight, devoid of charge! Seek salvation on the firm’s online sanctum or by transmitting ethereal missives to bschall@schallfirm.com.

Tread lightly, dear investors! The class, though unified in purpose, has yet to attain the coveted certification. Nay, you remain anchorless in these tempestuous seas if you opt for inertia.

According to the plaint, Allarity Therapeutics wove a delicate tapestry of deceit. Rumors swirl around the illegal dalliances of Allarity and its chiefs in the realm of Dovitinib NDA and/or the Dovitinib-DRP PMA. A web of treachery, casting a dark shadow over the Company, promised an impending storm of legal repercussions. The Company, with an air of nonchalance, undermined the specter of enforcement lurking beyond the horizon. Alas, when the clouds of truth burst, investors were left drenched in sorrow.

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Heed the beckoning call, dear souls! Join the relentless charge to recover what was unjustly taken.

In their valiant crusade, the Schall Law Firm stands firm, a stalwart guardian of global investors skilled in the dance of securities litigation and shareholder justice.

A critical juncture in the annals of investor battles? Definitely. A quagmire of legal intrigues? Undoubtedly. A tale as cryptic and enigmatic as Allarity Therapeutics itself? Most assuredly.

Perchance it is the dawn of a new era – where wrongs are righted and investors stand valiant in the face of adversity.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240916727932/en/