Big updates for #Orphazyme investors! Settlement distribution is underway, with an average payout of $760 so far.
Make sure to check your email if you filed with @11thestate!
$ORPH $OZYMF
$ORPH $OZYMF settles for $2.5 million with investors to resolve claims regarding misleading statements made during its 2020 IPO. And you can still file for it. #Orphazyme #ORPH
Case page:https://11thestate.com/cases/orphazyme-ipo-settlement
"The Complaint alleges Offering Documents were negligently prepared and contained untrue statements. Defendants made false/misleading statements about arimoclomol's effectiveness and FDA approval prospects. This resulted in materially false public statements."
