Agile Therapeutics Inc

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Case Summary
Company Name: Agile Therapeutics Inc
Stock Symbol : NASDAQ: AGRX
Class Period Start: 03/09/2016
Class Period End: 01/03/2017
Lead Plaintiff motion: 03/07/2017
Date Filed: 01/06/2017
Type of Case: Securities Class Action
Court: U.S. District Court for the District of New Jersey
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the March 7, 2017 lead plaintiff deadline in a class action lawsuit filed against Agile Therapeutics Inc (NASDAQ: AGRX) (“Agile Therapeutics” or “the Company”). The suit is pending in the U.S. District Court for the District of New Jersey and investors, who purchased Agile Therapeutics Inc securities between March 9, 2016 and January 3, 2017, have until March 7, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Agile Therapeutics Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the Twirla contraceptive patch had an efficacy rating that fell below peer group standards; over half of patients in its “Secure” Phase 3 Study discontinued the study early; the Twirla patch therefore allegedly had a slight chance of FDA approval; and as a result, defendants’ positive statements about Agile Therapeutics business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

On January 3, 2017, the Company released data from its Phase 3 SECURE study evaluating the Company's contraceptive patch, Twirla.  The study failed to meet standards achieved by other existing marketed contraceptive patches. Among the results, Agile Therapeutics stated that 51.4% of subjects had withdrawn from the study and that 1.7% of test subjects suffered "serious adverse events."

Following this news, NASDAQ: AGRX fell 74% from its close in after-hours trading on January 3, 2016.

If you were negatively impacted by your investment in Agile Therapeutics Inc securities between March 9, 2016 and January 3, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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