Gerneth v. Chiasma, Inc. et al

  1. August 22, 2019

    Chiasma Investors Want Bond From 'Frivolous' Deal Objectors

    Chiasma investors fought back Wednesday against a pair of objectors to the $18.7 million settlement of a shareholder suit against the biopharmaceutical company, arguing that they lack standing to appeal and should have to post an appeal bond.  

  2. June 28, 2019

    2 Firms Score $5.6M For Work On $18.7M Chiasma Deal

    A Boston federal court has awarded Robbins Geller Rudman & Dowd LLP and Johnson Fistel LLP over $5.6 million in attorney fees for their work securing an $18.7 million settlement in an investor class action alleging biopharmaceutical company Chiasma misrepresented a drug's chances for winning FDA approval.

  3. March 01, 2019

    Pharma Co. Chiasma To Settle Investors' IPO Suit For $18.7M

    Biopharmaceutical company Chiasma and a proposed class of shareholders asked a Massachusetts judge for preliminary approval Friday of an $18.75 million settlement over claims the company misled prospective investors in its initial public offering about the chances of a new drug getting regulatory approval.

  4. February 16, 2018

    Pharma Co. Chiasma Can't Escape Investor Suit, Judge Rules

    A Massachusetts federal judge on Thursday ruled that biopharmaceutical company Chiasma Inc. must face a proposed class action alleging investors in its 2015 initial public offering were misled about the prospects for regulatory approval of its product candidate Mycapssa, an oral treatment for a rare hormonal disorder known as acromegaly.

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