LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Celsion Corporation (“Celsion” or “the Company”) (NASDAQ: CLSN) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Celsion considerably overstated the efficacy of its ThermoDox product. This lack of efficacy negatively impacted the Company’s likelihood of gaining approval for ThermoDox. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Celsion, investors suffered damages.
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The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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