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Arrowhead Research Corp. ARWR Securities Lawsuit

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Company: Arrowhead Research Corp.
Ticker Symbol: ARWR
Class Period: Aug-12-14 to Oct-8-14
Date Filed: Oct-10-14
Lead Plaintiff Deadline: Dec-9-14
Court: Central District of California
Allegations:
Los Angeles, CA: A securities class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of investors who purchased Arrowhead Research Corp. ("Arrowhead Research"or the "Company") (nasdaqgs:ARWR) stock between August 12, 2014 and October 8, 2014.

The complaint alleges that Arrowhead Research materially misstated clinical trial information from its experimental hepatitis B therapy ARC-520 by falsely suggesting that the therapy was more effective than it actually was.

On October 8, 2014, Arrowhead Research released disappointing data for its experimental therapy. That same day, it was reported on TheStreet.com that the Company had misled investors as to the potency and achieved viral load reductions of the therapy. Upon this news shares of Arrowhead Research fell over 43% to close at $7.03 per share on October 8, 2014.



If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

Arrowhead Research Corp. ARWR Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible Arrowhead Research Corp. securities class action lawsuit. Please click the link below to submit your complaint for a free evaluation.

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