ROSEN, A LEADING LAW FIRM, Encourages Verrica Pharmaceuticals Inc. Investors Suffering Losses to Find Counsel Ahead of Important Deadline in Securities Class Action

NEW YORK, June 27, 2022 /PRNewswire/ —

WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of Verrica Pharmaceuticals Inc. (NASDAQ: VRCA) securities between May 28, 2021 and May 24, 2022both dates included (the “Class Period”), of the material Deadline of August 5, 2022 for the main applicant.

SO WHAT: If you purchased Verrica securities during the Class Period, you may be entitled to compensation without payment of disbursements or fees through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Verrica class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=6828 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] Where [email protected] for more information on the class action. A class action lawsuit has already been filed. If you wish to act as lead plaintiff, you must move the Court not later than August 5, 2022. A lead plaintiff is a representative party acting on behalf of other class members to direct litigation.

WHY THE ROSEN LAW: We encourage investors to select qualified attorneys with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Many of these firms do not actually handle securities class action lawsuits, but are merely middlemen who refer clients or partner with law firms that actually litigate the cases. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company obtained more than $438 million for investors. In 2020, founding partner Laurence Rosen has been named by law360 as a Titan of the Plaintiffs Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

CASE DETAILS: According to the lawsuit, the defendants throughout the class action period made false and/or misleading statements and/or failed to disclose that: (1) there were manufacturing defects in the facility where the manufacturer under contract from Verrica was producing a bulk solution for VP-102 (a combination drug device of Verrica’s topical solution, cantharidin, administered using a single-use precision applicator for the treatment of molluscum contagiosum) ; (2) these deficiencies were not corrected when Verrica resubmitted its New Drug Application (“NDA”) to the United States Food and Drug Administration (“FDA”) for VP-102 for molluscum ; (3) the foregoing posed significant risks to Verrica obtaining regulatory approval for VP-102 for molluscum; and (4) as a result of the foregoing, defendants’ positive statements about Verrica’s business, operations and prospects were materially misleading and/or lacked reasonable basis. When the real details entered the market, the lawsuit claims investors suffered damages.

To join the Verrica class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=6828 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] Where [email protected] for more information on the class action.

No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can choose the lawyer of your choice. You can also remain an absent party member and do nothing at this point. An investor’s ability to participate in any potential future upturn does not depend on their status as lead plaintiff.

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Contact information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

SOURCE Rosen Law Firm, Pennsylvania

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