STEVENSON, Md., Feb. 22, 2017 -- 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 Colorado on behalf of purchasers of FusionPharm, Inc. (Other OTC:FSPM) (“FusionPharm” or the “Company”) securities during the period between March 31, 2012 and September 16, 2016, inclusive (the “Class Period”). Investors who wish to become proactively involved in the litigation have until April 18, 2017 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 FusionPharm securities 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 by virtue of the defendants’ failure to disclose during the Class Period that the proceeds reported from stock sales as revenue were proceeds of illegal sales.
According to the complaint, following a May 16, 2014 Order of Suspension of Trading from the U.S. Securities and Exchange Commission for a lack of accurate information concerning the Company’s assets, revenues, financial statements, business transactions, and financial condition, the value of FusionPharm shares declined significantly.
If you have suffered a loss in excess of $100,000 from investment in FusionPharm securities purchased on or after March 31, 2012 and held through the revelation of negative information during and/or at the end of 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 visit our website at http://www.browerpiven.com/currentsecuritiescases.html. You may also request more information by contacting 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]


Hermès Q1 2026 Sales Miss Expectations Amid Iran War and China Slowdown
ASML Raises 2026 Revenue Outlook as AI Chip Demand Surges
Elliott Investment Takes ~3% Stake in Daikin, Pushes for Buybacks and Strategic Overhaul
OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push
Want to cut your energy bills? Here’s how five experts are doing it
Elon Musk's Terafab Foundry Courts Top Chipmaking Giants for AI Self-Sufficiency Push
CSN's Cement Unit Sale Could Exceed $2 Billion as Global Giants Circle
Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions
Federal Agencies Secretly Test Anthropic's AI Despite Trump Administration Ban
Greg Abel Sells Berkshire Hathaway Stocks Managed by Former Investment Manager Todd Combs
Uber Bets Big on Autonomous Vehicles with $10 Billion Commitment
Samsung Races to Deliver Next-Gen HBM4E Memory Samples to Nvidia
Apple Wins ITC Ruling, Keeping Blood-Oxygen Feature on Apple Watch
Pentagon Taps Auto Giants to Supercharge U.S. Weapons Production
TSMC Posts Record Q1 Profit Fueled by AI Chip Demand
NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers
Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent 



