Karyopharm Therapeutics Inc Loss Form

Company: Karyopharm Therapeutics Inc

Ticker: (NASDAQGS) KPTI

Deadline

Passed

Lead Plaintiff Deadline: September 23, 2019

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Allegations

Throughout the Class Period, the Company continued to tout the commercial prospects for selinexor and consistently described selinexor as having a “predictable and manageable tolerability profile” and a “very nice safety profile,” and assured investors that it was “well tolerated” by patients. Karyopharm also claimed that selinexor had the potential to be used as a new treatment for MM, with limited and manageable side effects. As a result of these misrepresentations, Karyopharm shares traded at artificially inflated prices during the Class Period.