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Chiasma, Inc. Information Request Form

Levi & Korsinsky announces the commencement of a class action lawsuit in the USDC for the District of Massachusetts on behalf of shareholders of Chiasma, Inc. (NASDAQ: CHMA) who purchased shares between July 15, 2015 and April 17, 2016.

The complaint alleges that, among other allegations, defendants made false and/or misleading statements and/or failed to disclose that (i) Chiasma’s Phase 3 clinical trial methodology for Mycapssa was not sufficient to demonstrate efficacy and secure approval by the U.S. Food and Drug Administration (“FDA”); (ii) Chiasma’s supervision of its suppliers was not sufficient to prevent deficiencies that would delay FDA approval of Mycapssa; and (iii) as a result of the foregoing, Chiasma’s public statements were materially false and misleading at all relevant times. On April 15, 2016, the Company announced the receipt of a Complete Response Letter from the FDA, indicating that Chiasma’s New Drug Application for Mycapssa was not yet ready for approval. Following a review of the Letter, the Company issued a release on April 18, 2016, clarifying the FDA’s concerns, noting that the FDA recommended Chiasma “conduct a randomized, double-blind and controlled trial…of sufficiently long duration…”

If you suffered a loss in Chiasma you have until August 8, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

To receive more information, please fill out the form.

Request More Information

Levi & Korsinsky, LLP does not share your information with others. There is no cost or obligation for you to submit.

This submission does not create an attorney-client relationship. If we believe that you might be an appropriate lead plaintiff, we will contact you to discuss whether to establish an attorney-client relationship.

This letter confirms that you have retained Levi & Korsinsky, LLP to represent you as a named plaintiff in a shareholder action involving Chiasma, Inc.

We agree to advance all expenses in the litigation, which means that you are not liable to pay any of the expenses of the lawsuit, whether attorneys' fees or costs. Regardless of the result, we will never ask you to directly pay for any attorneys' fees or costs. Should we obtain a favorable result, we may ask the court to award us compensation to be paid by the defendants or as a portion of any class benefit, but, again, we will never ask you to directly pay any of the costs of this litigation.

As the client you are entitled to direct the litigation in any way you deem proper, and may at any time order us to dismiss the case or opt-out. Should you choose to do so, we will never ask you to reimburse us directly for any legal fees or expenses. During the course of this litigation, we may employ and/or work with other law firms to prosecute your case.

We look forward to representing you and other Chiasma, Inc. shareholders.


Levi & Korsinsky,LLP

Joseph Levi

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