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The Gross Law Firm Announces Class Actions on Behalf of Shareholders of BLU, SOS and NEPT

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NEW YORK, NY / ACCESSWIRE / April 21, 2021 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

BELLUS Health Inc. (NASDAQ:BLU)

Investors Affected : September 5, 2019 - July 5, 2020

A class action has commenced on behalf of certain shareholders in BELLUS Health Inc . The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: while BLU-5937's “high selectivity” contributed to the drug causing little to no taste alteration in chronic cough patients, that high selectivity also contributed to the drug potentially being less efficacious and thus likely not be able to meet the primary endpoint of the Company's Phase 2 trial.

Shareholders may find more information at https://securitiesclasslaw.com/securities/bellus-health-inc-loss-submission-form/?id=15001&from=1

SOS Limited (NYSE:SOS)

Investors Affected : July 22, 2020 - February 25, 2021

A class action has commenced on behalf of certain shareholders in SOS Limited. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) SOS had misrepresented the true nature, location, and/or existence of at least one of the principal executive offices listed in its SEC filings; (ii) HY and FXK were either undisclosed related parties and/or entities fabricated by the Company; (iii) the Company had misrepresented the type and/or existence of the mining rigs that it claimed to have purchased; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/sos-limited-loss-submission-form/?id=15001&from=1

Neptune Wellness Solutions Inc. (NASDAQ:NEPT)

Investors Affected : July 24, 2019 - February 16, 2021

A class action has commenced on behalf of certain shareholders in Neptune Wellness Solutions Inc. The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) the cost of Neptune's integration of the assets and operations acquired in the SugarLeaf Acquisition would be larger than the Company had acknowledged, placing significant strain on the Company's capital reserves; (ii) accordingly, it was reasonably foreseeable that the company would need to conduct additional stock offerings to raise more capital; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Shareholders may find more information at https://securitiesclasslaw.com/securities/neptune-wellness-solutions-inc-loss-submission-form/?id=15001&from=1

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (212) 537-9430
Fax: (833) 862-7770

SOURCE: The Gross Law Firm



View source version on accesswire.com:
https://www.accesswire.com/641666/The-Gross-Law-Firm-Announces-Class-Actions-on-Behalf-of-Shareholders-of-BLU-SOS-and-NEPT