INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Galena Biopharma Inc. and Encourages
Investors with Losses to Contact the Firm
Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Galena Biopharma
Inc. (“Galena” or the “Company”) (Nasdaq: GALE) concerning possible violations of federal securities laws. Investors, who
purchased or otherwise acquired shares between August 11, 2014 and January 31, 2017 inclusive (the "Class Period"), are encouraged
to contact the Firm in advance of the April 14, 2017 lead plaintiff motion deadline.
To get more information about this investigation, click here, or please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at brian@lundinlawpc.com.
On March 10, 2016, the Company announced that “[a] federal investigation of two of the high-prescribing physicians for Abstral
has resulted in the criminal prosecution of the two physicians for alleged violations of the federal False Claims Act and other
federal statutes,” and that the Company was issued a trial subpoena for documents regarding that investigation. The Company also
mentioned that “other governmental agencies may be investigating our Abstral promotion practices,” and that “on December 16, 2015,
we received a subpoena issued by the U.S. Attorney’s Office in District of New Jersey requesting the production of a broad range of
documents pertaining to our marketing and promotional practices for Abstral.”
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’
rights.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/
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