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Intercept Pharmaceuticals, Inc. Message Board

  • mashiach@verizon.net mashiach Jan 15, 2014 10:12 PM Flag

    WOW BAD NEWS IS OUT TONIGHT

    Class action lawsuit

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    • Company screwed up and its going to cost them. Amateur mistakes.

    • mashiach@verizon.net mashiach Jan 15, 2014 10:14 PM Flag

      On January 10, 2014, the Company announced positive results in a clinical trial of obeticholic acid ("OCA"). On this news, Intercept stock increased over 500% in the following days. Then, on July 12, 2014, the Company disclosed that the OCA results had also included lipid abnormalities in some patients. On this news, Intercept stock dropped nearly $200 per share.
      Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.

      • 1 Reply to mashiach
      • mashiach@verizon.net mashiach Jan 16, 2014 7:48 AM Flag

        On January 10, 2014, the Company announced positive results in a clinical trial of obeticholic acid ("OCA"). On this news, Intercept stock increased over 500% in the following days. Then, on July 12, 2014, the Company disclosed that the OCA results had also included lipid abnormalities in some patients. On this news, Intercept stock dropped nearly $200 per share.
        Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.

    • mashiach@verizon.net mashiach Jan 15, 2014 10:13 PM Flag

      Harwood Feffer LLP Announces Investigation of Intercept Pharmaceuticals, Inc.

 
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