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Pawar Law Group Announces Filing of Securities Class Action Lawsuit Against PixarBio Corporation - PXRB

NEW YORK, NY / ACCESSWIRE / March 10, 2017 / The Pawar Law Group announces a class action lawsuit on behalf of PixarBio Corporation (OTC PINK: PXRB) investors who purchased PixarBio securities: (1) In PixarBio's private placement on or about September 12, 2014; and/or (2) publicly traded on the open market between October 31, 2016 and January 20, 2017. The suit is for recovery of investor losses.

To participate in this class action lawsuit, visit the firm's website at http://pawarlawgroup.com/cases/pixarbio-corporation/ or email Vik Pawar, Esq. at vik@pawarlawgroup.com or call toll free at (866) 999-0873.

No class has been certified in the above action yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the complaint, throughout the Class Period Defendants made false and/or misleading statements and/or failed to disclose that: (1) the market for PixarBio's securities exhibited manipulative or deceptive activities; (2) PixarBio's assertions in press releases, third-party promotional materials, and PixarBio's Form S-1 concerning, among other things, PixarBio's business combinations and current shareholders; the identity and qualifications of key shareholders and employees and PixarBio's' current and prospective development efforts lacked veracity; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

If you wish to serve as lead plaintiff, you must move the Court no later than March 27, 2017. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. You may join the case here: http://pawarlawgroup.com/cases/pixarbio-corporation/ or email Vik Pawar, Esq. at vik@pawarlawgroup.com


Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1210
New York, NY 10007
Tel: (212) 571-0805
Fax: (212) 571-0938

SOURCE: Pawar Law Group