PixarBio Corporation

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Case Summary
Company Name: PixarBio Corporation
Stock Symbol : OTCMKTS: PXRB
Class Period Start: 10/31/2016
Class Period End: 01/20/2017
Lead Plaintiff motion: 03/27/2017
Date Filed: 01/30/2017
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 27, 2017 lead plaintiff deadline in a class action lawsuit filed against PixarBio Corporation (OTCMKTS: PXRB) (“PixarBio” or “the Company”). The suit is pending in the U.S. District Court for the District of New Jersey and investors, who purchased PixarBio Corporation securities between October 31, 2016 and January 20, 2017, have until March 27, 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 PixarBio Corporation 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 market for PixarBio’s securities exhibited manipulative or deceptive activities; PixarBio’s assertions in press releases, third-party promotional materials, and PixarBio’s Form S-1 concerning, among other things, PixarBio’s business combinations and current shareholders; the identity and qualifications of key shareholders and employees and PixarBio’s’ current and prospective development efforts lacked veracity; and as a result, Defendants’ public statements were materially false and misleading at all relevant times.

On January 23, 2017, SEC revealed the temporary suspension of PixarBio trading stating, in part, that "the market for the security appears to reflect manipulative or deceptive activities and because of questions regarding the accuracy of assertions by PixarBio in press releases and its Form S-1."

Once this information was released, OTCMKTS: PXRB dropped, causing investors harm.

If you were negatively impacted by your investment in PixarBio Corporation securities between October 31, 2016 and January 20, 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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