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AMPE INVESTOR ALERT: Investigation of Ampio Pharmaceuticals, Inc. Announced by Glancy Prongay & Murray LLPGlancy Prongay & Murray LLP announces that it is investigating potential claims on behalf of investors of Ampio Pharmaceuticals, Inc. ("Ampio" or the "Company") (NASDAQ:AMPE) concerning the Company's and its officers' possible violations of federal securities laws. The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that (1) the clinical research organization conducting the STEP Study lacked autonomy; and (2) the trial drug supply for the STEP Study was shipped to clinical sites at lower temperatures than were permitted by the drug's specifications. As a result of the Company's fraudulent conduct investors have been severely damaged. On August 21, 2014, the Company announced that, "due to temperature deviations below product specifications during shipments to the Ampion™ STEP Study clinical sites, release of data will be delayed." On thisnews the Company's shares declined sharply, thereby damaging investors. Then on April 20, 2015, Ampio announced that, "the multiple injection STRIDE study AP008 did not reach its primary endpoint against the saline control test." On this news, shares of Ampio fell $5.18 per share, to close at $2.69, or more than 65.8%, on April 24, 2015. If you purchased shares of Ampio prior to April 24, 2015, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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