• June 16, 2019

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Adamas Pharmaceuticals, Inc. – ADMS - Odessa American: Business

e-Edition Subscribe

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Adamas Pharmaceuticals, Inc. – ADMS

Font Size:
Default font size
Larger font size

Posted: Tuesday, May 28, 2019 1:28 pm | Updated: 1:55 pm, Tue May 28, 2019.

NEW YORK--(BUSINESS WIRE)--May 28, 2019--

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of investors of Adamas Pharmaceuticals, Inc. (NASDAQ: ADMS) resulting from allegations that Adamas may have issued materially misleading business information to the investing public.

Adamas completed its Second Public Offering in January 2018 (“SPO”), offering shares at $41.50 per share. Prior to the launch of Adamas’ drug Gocovri, a medicine used to treat dyskinesia in Parkinson’s disease patients treated with levodopa therapy, Adamas knew it had substantial roadblocks that would dramatically reduce Adamas’ ability to sell Gocovri. Adamas failed to disclosed these problems in its SPO and thus, misled the market. In October 2018, Merrill Lynch released a study which casted serious doubt on Gocovri’s ability to achieve a sizeable market share and emphasized that Adamas failed to include critical information. In March 2019, Adamas backtracked on prior issued growth estimates and no longer made predictions regarding Gocovri’s ability to achieve a sizeable market share. As a result, Adamas’ stock price plummeted well below the price of the SPO.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Adamas investors. If you purchased shares of Adamas, please visit the firm’s website at https://www.rosenlegal.com/cases-register-1584.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen—firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.   Rosen Law Firm has secured hundreds of millions of dollars for investors.  

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190528005698/en/

CONTACT: Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 34thFloor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827







SOURCE: The Rosen Law Firm, P.A.

Copyright Business Wire 2019.

PUB: 05/28/2019 02:28 PM/DISC: 05/28/2019 02:28 PM


© 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Odessa, TX

Current Conditions

Humidity: 42%
Winds: ENE at 18mph
Feels Like: 90°

Your Extended Forecast


High 94°/Low 67°
Mostly clear. Lows overnight in the upper 60s.


High 92°/Low 70°
Plenty of sun. Highs in the low 90s and lows in the low 70s.


High 98°/Low 72°
A few clouds. Highs in the upper 90s and lows in the low 70s.
Online Features

Pet Central


Having a pet is a lot of responsibility, and we’ll help by giving you lots of tips and tricks! More >>



Our fitness articles will help teach you how to work out with gym- and home-based exercises. More >>



Enjoy the crosswords challenge in our free daily puzzles, from the harder Sunday crossword to the quicker daily. More >>



Every Sudoku has a unique solution that can be reached logically. Enter numbers into the blank spaces so that each row, column and 3x3 box contains the numbers 1 to 9. More >>

  • ALL-ACCESS: Subscribe to our e-edition and premium website at myoaoa.com.
    You can read your daily newspaper without taking a walk to the driveway.
    Look back at yesterday's newspaper, or issues from months ago with our archive feature.
    Call circulation at 432-337-7670 to sign up today.