SOURCE: Rosen Law Firm P.A.

August 08, 2009 12:09 ET

Rosen Law Firm Announces Class Action Lawsuit Against Repros Therapeutics Inc. -- RPRX

NEW YORK, NY--(Marketwire - August 8, 2009) - The Rosen Law Firm, P.A. announces that a class action lawsuit has been filed on behalf of all purchasers of Repros Therapeutics, Inc. ("Repros") (NASDAQ: RPRX) common stock from July 1, 2009 through August 3, 2009 (the "Class Period").

To join the Repros class action, go to the website at http://www.rosenlegal.com or call Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com or pkim@rosenlegal.com for information on the class action. The case is pending in the United States District Court for the Southern District of Texas.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER. YOU MAY ALSO RETAIN COUNSEL OF YOUR CHOICE.

The complaint charges Repros and certain of its officers with violations of Section 10(b) and 20(a) of the Securities Exchange Act of 1934. The complaint alleges that defendants made misleading statements concerning the adverse events that patients suffered in clinical trials for the Company's lead drug candidate Proellex. The complaint alleges that when the Company disclosed the truth concerning the seriousness of the adverse events, its stock price dropped, damaging investors.

A class action lawsuit has already been filed on behalf of Repros shareholders. If you wish to serve as lead plaintiff, you must move the Court no later than October 6, 2009. If you wish to join the litigation or to discuss your rights or interests regarding this class action, please contact plaintiff's counsel, Laurence Rosen, Esq. or Phillip Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at lrosen@rosenlegal.com or pkim@rosenlegal.com.

The Rosen Law Firm represents investors throughout the world, focusing its practice in securities class actions and shareholder derivative litigation. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information

  • Contact Information:

    Laurence Rosen, Esq.
    Phillip Kim, Esq.
    The Rosen Law Firm P.A.
    350 5th Avenue, Suite 5508
    New York, New York 10118
    Tel: (212) 686-1060
    Weekends Tel: (917) 797-4425
    Toll Free: 1-866-767-3653
    Fax: (212) 202-3827
    Email Contact
    Email Contact

    www.rosenlegal.com