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An investigation on behalf of current long term investors in BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) shares.

An investigation on behalf of current long term investors in BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) shares.

An investigation was announced over potential breaches of fiduciary duties by certain directors and officers of BioMarin Pharmaceutical Inc.

Investors who are current long term investors in BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) shares, 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 for current long term investors in NASDAQ: BMRN stocks follows a lawsuit filed against BioMarin Pharmaceutical Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: BMRN stocks, concerns whether certain BioMarin Pharmaceutical Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that differences between the Phase 1/2 and Phase 3 study of valoctocogene roxaparvovec limited the reliability of the Phase 1/2 study to support valoctocogene roxaparvovec’s durability of effect, that as a result, it was foreseeable that the FDA would not approve the BLA for valoctocogene roxaparvovec without additional data, and that as a result, the Company’s public statements were materially false and misleading at all relevant times.

Those who purchased shares of BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.

This release was published on openPR.