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Stock impact report

Harwood Feffer LLP Announces Investigation of Puma Biotechnology, Inc.

Puma Biotechnology Inc (PBYI) 
Last puma biotechnology inc earnings: 2/20 04:07 pm Check Earnings Report
US:NYSE Investor Relations: pumabiotechnology.com/ir.html
Company Research Source: PR Newswire
NEW YORK, May 19, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Puma Biotechnology, Inc. ("Puma" or the "Company") (NASDAQ: PBYI), concerning whether the board has breached its fiduciary duties to shareholders. Puma's 2015 Form 10-K disclosed that: "Based on pre-clinical studies and clinical trials to date, we believe that neratinib may offer an advantage over existing treatments that are used in the treatment of patients with HER2-positive metastatic breast cancer." On May 4, 2017, Puma announced the resignation of its Senior Vice President, Regulatory Affairs, effective as of May 15, 2017, less than two weeks before the FDA's scheduled review of neratinib.  On May 5, 2017, Fox Business published an article reporting that a large number of patients taking neratinib suffered from severe side effects, posing a safety risk for the drug.Our investigation concerns whether the Company board Show less Read more
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