SHAREHOLDER ALERT: Holzer & Holzer Announces a Class Action Was Filed on Behalf of Aurinia Pharmaceuticals Investors (AUPH) and Encourages Investors With Significant Losses To Contact the Firm

April 18, 2022 10:31 AM EDT | Source: Holzer & Holzer LLC

Atlanta, Georgia--(Newsfile Corp. - April 18, 2022) - Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against Aurinia Pharmaceuticals Inc. ("Aurinia" or the "Company") (NASDAQ: AUPH). The lawsuit alleges, among other things, that Aurinia made certain false and/or misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Aurinia failed to disclose the Company was experiencing declining revenues for its only product, that the Company's 2022 sales outlook would fall below expectations, and the Company had overstated its financial position and/or prospects for 2022.

If you bought shares of Aurinia between May 7, 2021 and February 25, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Marshall Dees, Esq. at mdees@holzerlaw.com or Josh Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm's website at www.holzerlaw.com to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is June 14, 2022.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

CONTACT:

Marshall Dees, Esq.
(888) 508-6832 (toll-free)
mdees@holzerlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/120732

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