WILMINGTON, Del., Sept. 01, 2016 -- Rigrodsky & Long, P.A.:
- Do you, or did you, own shares of Insmed Incorporated (NASDAQ:INSM)?
- Did you purchase your shares between March 18, 2013 and June 8, 2016, inclusive?
- Did you lose money in your investment?
Rigrodsky & Long, P.A. reminds shareholders of Insmed Incorporated (“Insmed” or the “Company”) (NASDAQ:INSM) of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. A complaint was filed in the United States District Court for the District of New Jersey on behalf of all persons or entities that purchased the common stock of Insmed between March 18, 2013 and June 8, 2016, inclusive (the “Class Period”), alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its officers (the “Complaint”).
The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements, and omitted materially adverse facts, about the Company’s business, operations and prospects. Specifically, the Complaint alleges that the defendants concealed from the investing public that: (1) the data on which Insmed’s European marketing authorization application (“MAA”) for Arikayce, its lead product candidate, relied was not likely to support approval by the European Medicines Agency (“EMA”) for the treatment of NTM lung disease; (2) Arikayce’s approval by the EMA for the treatment of NTM lung disease and subsequent commercialization in Europe were thus less likely and/or imminent than Insmed had led investors to believe; and (3) as a result of the foregoing, Insmed’s public statements were materially false and misleading at all relevant times. As a result of defendants’ alleged false and misleading statements, the Company’s stock traded at artificially inflated prices during the Class Period.
If you wish to serve as lead plaintiff, you must move the Court no later than September 13, 2016. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Any member of the proposed class may move the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.
If you purchased shares of Insmed during the Class Period, or purchased shares prior to the Class Period and still hold Insmed, and wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Timothy J. MacFall, Esquire or Peter Allocco of Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803 at (888) 969-4242; by e-mail to [email protected]; or at: http://rigrodskylong.com/investigations/insmed-incorporated-insm.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT: Rigrodsky & Long, P.A. Timothy J. MacFall, Esquire Peter Allocco (888) 969-4242 (516) 683-3516 Fax: (302) 654-7530 [email protected] http://www.rigrodskylong.com


FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding?
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market
Kia Cuts EV Sales Target for 2030 Amid Slowing Demand and U.S. Policy Shifts
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes
Pony.ai, Uber, and Verne Launch Europe's First Commercial Robotaxi Service in Zagreb
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO
Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses
Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover
Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles
Chalco Stock Surges as Q1 2025 Profit Forecast Jumps Up to 58%
Britain Courts Anthropic Amid US Defense Department Dispute
Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire
UPS and Teamsters Reach Agreement to Limit Driver Severance Program
Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand 



