SHAREHOLDER ALERT: Law Offices of Timothy L. Miles Announes Investigation of Innate Pharma S.A.
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Timothy L. Miles,
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Timothy L. Miles, a nationally recognized shareholder rights attorney
Firm Is Investigating Innate Pharma S.A. (IPHA) for Misleading Shareholders; Innate Shareholders Are Urged to Contact The Law Offices of Timothy L. Miles
Innate Pharma S.A. (NASDAQ:IPHA)
If you suffered a loss due to Innate Pharma's misconduct, click here2.
Innate Pharma S.A. (IPHA) Accused of Misleading Shareholders about Partnership with AstraZeneca PLC
In October 2018, Innate Pharma announced a long-term strategic partnership with AstraZeneca PLC. The deal included a $100 million in milestone payments paid to Innate Pharma at the start of the first Phase 3 clinical trial for monalizumab. Throughout 2019 and early 2020, Innate not only confirmed the $100 million payment, but also affirmed the results of the trial as being on track. On September 8, 2020, the Company announced a change to the $100 million payment. Instead of a one-time payment at the start of the first Phase 3 clinical trial, Innate would receive $50 million at the start, and an additional $50 million after the interim analysis demonstrated a pre-defined threshold of clinical activity. On this news, Innate Pharma's ADS's fell 26.6%, to open at $4.82 on September 8, 2020, continued to decline throughout the day to close at $4.45, and has yet to recover.
Innate Pharma Shareholders Urged to Contact the Firm
If you purchased Innate Pharma securities, have information, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Timothy L. Miles, Esquire, at 615-587-7384, Toll-Free at 855-846-6529, or by email to tmiles@timmileslaw.com. If you inquire by email please include your mailing address, telephone number, and the number shares owned.
About Timothy L. Miles
Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles was recentely awarded the recognition of American’s Most Honored Lawyers 2020 – Top 1% by the American Registry. Mr. Miles was also recently selected by Martindale-Hubbell® and ALM as a 2020 Top Ranked Lawyer and a 2020 Top Rated Litigator. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019-2020). Awards: Top Rated Litigator by Martindale-Hubbell® and ALM (2019); Elite Lawyer of The South by Martindale-Hubbell® and ALM (2019); Member of the Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association (2017-2019); AV® Preeminent™ Rating by Martindale-Hubble® (2014-2020); PRR AV Preeminent Rating on Lawyers.com (2018-2020); The Top-Rated Lawyer in Litigation™ for Ethical Standards and Legal Ability (Martindale-Hubble® 2015); Lifetime Achievement Award by Premier Lawyers of America (2019); Superb Rated Attorney (Avvo); Avvo Top Rated Lawyer for (Avvo 2017-2020). Mr. Miles has authored numerous publications advocating for shareholdings including most recently: Free Portfolio Monitoring Services Offered by Plaintiff Securities Firms Provides Significant Benefits To Investors (Timothy L. Miles, Dec. 3, 2019).
Contact:
Timothy L. Miles, Esq.
Law Offices of Timothy L. Miles
124 Shiloh Ridge
Hendersonville, TN 37075
Telephone: (855-846-6529)
Email: tmiles@timmileslaw.com Website: www.timmileslaw.com
SOURCE: The Law Offices of Timothy L. Miles
Leading the Fight to Protect Shareholder Rights for Over 19 Years
Timothy Lee. Miles
Law Offices Of Timothy L. Miles
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WATCH NOW: Nationally Recognized Shareholder Rights Attorney Timothy L. Miles Has Achieved the Recognition of American’s Most Honored Lawyers 2020 - Top 1% at https://www.youtube.com/watch?v=-lO_XgfxOrk&feature=youtu.be
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1 http://www.timmileslaw.com
2 https://timmileslaw.com/shareholder-alert-law-offices-of-timothy-l-miles-announces-it-is-investigating-innate-pharma-s-a-ipha-for-misleading-shareholders/
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