Replies to post #454135 on Anavex Life Sciences Corp (AVXL)

[ignatiusrielly35]

Prediction: the complaint will be dismissed before an answer has to be filed. It does not plead a prima facie case with sufficient particularity as to several elements of such a claim, most notably causation and damages. But the alleged misrepresentations themselves are insufficient to establish that they were, in fact, misrepresentation, or that they were material. Changed circumstances after a representation was made do not render the prior statement intentionally misleading.

[WilliamMunny]

"13. Defendant Christopher U.Missling is and was at all material times Board Chair, CEO, President and Secretary of Anavex."

It would suggest better due diligence from the shysters at Levi & Korsinsky if they weren't wrong about Missling being the Board Chair currently and at all material times.

[Steady_T]

I read the complaint and it lays out the arguments that showed up on the board and little else. If you found those compelling OK.

I found them pretty weak myself.

The opinion of the Judge is the one that counts.

[bas2020]

Your own advice: be skeptical of posters on this MB. Yours is a prime example. 👺
And yet you claim to be a shareholder. LOL