Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Intra-Cellular Therapies Inc (NASDAQ: ITCI) 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 Intra-Cellular Therapies Inc (NASDAQ: ITCI) concerning whether a series of statements by Intra-Cellular Therapies Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On September 28, 2016, Intra-Cellular revealed its phase III trial of its schizophrenia drug was unsuccessful and that it failed to reduce patients' schizophrenia symptoms.
Following this news, NASDAQ: ITCI dropped in early morning trading on September 29, 2016.
Based in New York, New York, Intra-Cellular Therapies Inc discovers and develops small molecule drugs for the treatment of neuropsychiatric and neurologic disorders within the central nervous system.
If you purchased shares of Intra-Cellular Therapies Inc (NASDAQ: ITCI) on or before September 28, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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