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INVESTOR ALERT: Goldberg Law PC Announces an Investigation of Lion Biotechnologies, Inc. and Advises Investors with Losses to Contact the Firm


Goldberg Law PC, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Lion Biotechnologies, Inc. (“Lion” or the “Company”) (LBIO).

If you purchased or otherwise acquired Lion shares and would like more information regarding the investigation, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at info@goldberglawpc.com.

The investigation focuses on whether Lion and certain of its officers and/or directors violated federal securities laws. On April 10, 2017, the U.S. Securities and Exchange Commission found that between September 2013 and March 2014, the Company’s former CEO Manish Singh misled investors by commissioning over 10 internet publications and 20 widely distributed emails promoting Lion to potential investors that purported to be independent from the company when they were actually paid promotions. When this news was announced, shares of Lion fell in value.

If you have any questions concerning your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at info@goldberglawpc.com.

Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170411006308/en/