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24-Hour Deadline Alert: Law Offices of Howard G. Smith Reminds Investors of July 7 Deadline in the Class Action Filed on Behalf of Ampio Pharmaceuticals, Inc. Investors
[July 06, 2015]

24-Hour Deadline Alert: Law Offices of Howard G. Smith Reminds Investors of July 7 Deadline in the Class Action Filed on Behalf of Ampio Pharmaceuticals, Inc. Investors


Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of a class (the "Class") of investors who purchased securities of Ampio Pharmaceuticals, Inc. ("Ampio" or the "Company") (NYSE MKT: AMPE) between January 13, 2014 and August 21, 2014, inclusive (the "Class Period") concerning the Company's and its officers' possible violations of federal securities laws. Investors have until July 7, 2015 to file a motion for appointment as a lead plaintiff.

The complaint alleges that 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 t lower temperatures than were permitted by the drug's specifications; and, 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 this news 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 during the Class Period, if you have information or would like to learn more about these claims, or have any questions concerning this announcement, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at http://www.howardsmithlaw.com.

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



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