An investigation for investors in Sage Therapeutics, Inc. (NASDAQ:SAGE) shares over potential securities laws violations by Sage Therapeutics, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 08/31/2020 -- An investigation was announced concerning potential securities laws violations by Sage Therapeutics, Inc. in connection with certain financial statements.
Investors who purchased shares of Sage Therapeutics, Inc. (NASDAQ: SAGE), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Sage Therapeutics, Inc. (NASDAQ: SAGE) concerning whether a series of statements by Sage Therapeutics, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Cambridge, MA based Sage Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops and commercializes novel medicines to treat central nervous system (CNS) disorders. Sage Therapeutics, Inc. reported that its annual Total Revenue declined from $90.27 million in 2018 to $6.86 million in 2019, and that its Net Loss increased from $372.88 million in 2018 to $680.23 million in 2019.
Shares of Sage Therapeutics, Inc. (NASDAQ: SAGE) declined from $193.56 per share in July 2019 to as low as $25.01 per share on March 18, 2020.
Those who purchased shares of Sage Therapeutics, Inc. (NASDAQ: SAGE), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.