STEVENSON, Md., April 29, 2018 -- The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the District of Massachusetts on behalf of a class who purchased Solid Biosciences Inc. (Nasdaq:SLDB) (“Solid” or the “Company”) securities pursuant and/or traceable to Solid’s false and misleading Registration Statement and Prospectus issued in connection with the Company’s initial public offering on or about January 25, 2018 and/or on the open market between January 25, 2018 and March 14, 2018 (the “Class Period”). Investors who wish to become proactively involved in the litigation have until May 29, 2018 to seek appointment as lead plaintiff.
If you wish to choose counsel to represent you and the Class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the Class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in Solid in connection with the Company’s IPO and/or during the Class Period. Members of the Class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action.
The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 and the Securities Act of 1933 by virtue of the defendants’ failure to disclose in connection with the IPO and during the Class Period that Solid’s lead drug candidate SGT-001 had a high likelihood of causing adverse events in patients and the Company had misled investors regarding the toxicity of SGT-001.
According to the complaint, following a January 30, 2017 report revealing safety concerns linked to high doses of gene therapies using an adeno-associated virus (AAV) and a March 14, 2018 press release announcing a clinical hold on the Company’s study of SGT-001 after a patient experienced an unexpected adverse reaction, the value of Solid shares declined significantly.
If you have suffered a loss in excess of $100,000 from investment in Solid’s January 25, 2018 initial public offering and/or during the class period and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, without cost or obligation to you, please contact Brower Piven either by email at [email protected] or by telephone at (410) 415-6616. Brower Piven also encourages anyone with information regarding the Company’s conduct during the period in question to contact the firm, including whistleblowers, former employees, shareholders and others.
Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s. If you choose to retain counsel, you may retain Brower Piven without financial obligation or cost to you, or you may retain other counsel of your choice. You need take no action at this time to be a member of the class.
CONTACT: Charles J. Piven
Brower Piven, A Professional Corporation
1925 Old Valley Road
Stevenson, Maryland 21153
Telephone: 410-415-6616
[email protected]


World game at war: why some European nations have threatened a World Cup boycott
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline
Apple Stock Slides 7% as Weak Sales Forecast Overshadows Quarterly Earnings Beat
Holcim Raises 2026 Outlook After Strong Q2 Earnings Beat
Colgate-Palmolive Reaffirms 2026 Sales Outlook Despite Weak North America Demand
Chipotle Q2 Earnings Beat Expectations as Sales Growth Drives Higher 2026 Outlook
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9%
Arm Holdings Q1 Earnings Beat Estimates, Strong Q2 Outlook Fails to Lift ARM Stock
Tesla Weighs China Business Separation Amid SpaceX Merger Speculation
Starbucks Stock Jumps as Q3 Earnings Beat, Sales Growth Drives Higher 2026 Outlook
T-Mobile Executives Reportedly Oppose $300 Billion Deutsche Telekom Merger
Microsoft Stock Jumps as Azure Growth, AI Revenue Beat Expectations
Robinhood Q2 Earnings Beat Estimates, But HOOD Stock Falls as Investors Question Profit Quality
Qualcomm Stock Falls as Weak Q4 Forecast, Apple Revenue Decline Overshadow AI Data Center Growth
Meta-backed research finds exposure to ‘untrustworthy’ social media is rare. The fine print is less reassuring
Samsung Q2 Profit Surges on AI Memory Chip Demand, Forecasts Strong Second Half
Warner Bros. Discovery Shares Rise as Newsom Pushes Settlement in $110 Billion Merger Fight 



