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Thursday, January 31, 2019 3:19:21 PM
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of AVEO Pharmaceuticals, Inc. (AVEO)
The investigation concerns whether Aveo and certain of its officers and/or directors have violated federal securities laws.
On January 31, 2019, Boston Business Journal reported that “Aveo revealed that it won't submit its application for FDA approval due to a recommendation from the agency gather more late-stage testing results. Specifically, the FDA is asking for additional survival data, echoing concerns that led to the agency's rejection of the same drug in 2013.” Following this news, Aveo stock dropped 57% to just $0.76 per share during intraday trading on January 31, 2019.
https://finance.yahoo.com/news/shareholder-alert-bronstein-gewirtz-grossman-180406676.html
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