SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Xoma Corporation of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of September 22, 2015 -- XOMA

(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 07/30/15 -- The following statement is being issued by Levi & Korsinsky, LLP:
or otherwise acquired securities of ("Xoma") (NASDAQ: XOMA) .
that a securities class action lawsuit has been commenced in the USDC for the Northern District of California. If you purchased or otherwise acquired Xoma Corporation common stock between November 6, 2014 and July 21, 2015, inclusive, your rights may be affected by this action. To get more information :
or contact Joseph E. Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements that Xoma Corporation's EYEGUARD-B clinical trial would succeed and/or surpass expectations across the study's primary endpoint. On July 22, 2015, defendants revealed that the Phase 3 EYEGUARD-B study had failed. On this news, the price of Xoma stock declined by $3.48 per share, or over 79%, on extremely heavy trading volume.
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.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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Bereitgestellt von Benutzer: Marketwired
Datum: 30.07.2015 - 21:45 Uhr
Sprache: Deutsch
News-ID 410582
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