NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, announces it is
investigating potential securities claims on behalf of shareholders of
electroCore, Inc. (NASDAQ: ECOR) resulting from allegations that
electroCore may have issued materially misleading business information
to the investing public.
In June 2018, electroCore completed its initial public offering (“IPO”)
in which it sold 5.2 million shares of its common stock at $15.00 per
share. On May 14, 2019, electroCore announced underwhelming financial
results for first quarter 2019. On this news, electroCore’s share price
fell $1.58, almost 30%, to close at $3.72 on May 15, 2019, thereby
injuring investors. electroCore securities are currently trading
approximately 87% below the IPO price.
Rosen Law Firm is preparing a class action lawsuit to recover losses
suffered by electroCore investors. If you purchased shares of
electroCore please visit the firm’s website at http://www.rosenlegal.com/cases-register-1605.html
to join the class action. You may also contact Phillip Kim Rosen Law
Firm toll free at 866-767-3653 or via email at [email protected]
or [email protected].
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Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class
Action Services for number of securities class action settlements in
2017. The firm has been ranked in the top 3 each year since 2013. Rosen
Law Firm has secured hundreds of millions of dollars for investors.
Attorney advertising. Prior results do not guarantee future outcomes.
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
Madison Avenue, 34th Floor
New York, NY 10016
Toll Free: (866) 767-3653
Fax: (212) 202-3827