Recent Securities Litigations

Axsome Therapeutics Inc. Common Stock (NASDAQ: AXSM)

16 Days left to seek lead plaintiff status.

Company Name:Axsome Therapeutics Inc. Common Stock
Stock Symbol:NASDAQ: AXSM
Class Period Start:12/30/2019
Class Period End (inclusive):04/22/2022
Filing Deadline:07/12/2022

The Complaint alleges that throughout the class period, Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Axsome’s chemistry, manufacturing, and control ("CMC") practices were deficient with respect to AXS-07 and its manufacturing process; (ii) as a result, Axsome was unlikely to submit the AXS-07 NDA on its initially represented timeline; (iii) the foregoing CMC issues remained unresolved at the time that the FDA reviewed the AXS-07 NDA; (iv) accordingly, the FDA was unlikely to approve the AXS-07 NDA; (v) as a result of all the foregoing, Axsome had overstated AXS-07’s regulatory and commercial prospects; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Axsome Therapeutics Inc. Common Stock (NASDAQ: AXSM) Claim Form

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