Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of DBV Technologies S.A. (NASDAQ: DBVT) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of DBV Technologies S.A. (NASDAQ: DBVT) concerning whether a series of statements by DBV Technologies S.A. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On December 19, 2018, the Company revealed that following discussions with the FDA, its Biologics License Application for Viaskin Peanut in children four to eleven years of age has been voluntarily withdrawn.
According to the Company, "although the agency did not reference any medical or clinical questions with the submission of Viaskin Peanut, the FDA did communicate that the level of detail with regards to data on manufacturing and quality controls was insufficient in the BLA."
Following this news, NASDAQ: DBVT fell $8.39, or nearly 60%, to close at $5.76 on December 20, 2018.
Based in Montrouge, France, and founded in 2002 DBV Technologies S.A. engages in the research and development of epicutaneous immunotherapy products.
If you purchased shares of DBV Technologies S.A. (NASDAQ: DBVT) on or before December 19, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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