ROSEN, A Top Regulation Agency, Encourages

NEW YORK, Aug. 26, 2021 (Globe NEWSWIRE) — WHY: Rosen Regulation Business, a international investor rights legislation organization, announces the submitting of a course action lawsuit on behalf of purchasers of the securities of Sesen Bio, Inc. (NASDAQ: SESN) involving December 21, 2020 and August 17, 2021, inclusive (the “Class Period”). A course action lawsuit has now been submitted. If you wish to serve as direct plaintiff, you ought to go the Court docket no later on than October 18, 2021.

SO WHAT: If you bought Sesen Bio securities all through the Course Time period you may well be entitled to compensation devoid of payment of any out of pocket charges or expenses by a contingency payment arrangement.

WHAT TO DO Future: To be a part of the Sesen Bio class motion, go to http://www.rosenlegal.com/conditions-sign-up-2149.html or get in touch with Phillip Kim, Esq. toll-free at 866-767-3653 or electronic mail pkim@rosenlegal.com or cases@rosenlegal.com for info on the class action. A class motion lawsuit has presently been submitted. If you would like to provide as lead plaintiff, you will have to shift the Court docket no later than October 18, 2021. A lead plaintiff is a consultant bash acting on behalf of other class associates in directing the litigation.

WHY ROSEN Legislation: We persuade buyers to decide on skilled counsel with a keep track of report of success in leadership roles. Frequently, corporations issuing notices do not have comparable experience, means or any significant peer recognition. Be wise in deciding upon counsel. The Rosen Regulation Business represents investors in the course of the world, concentrating its follow in securities class actions and shareholder derivative litigation. Rosen Legislation Organization has realized the most significant at any time securities course action settlement towards a Chinese Company. Rosen Regulation Organization was Rated No. 1 by ISS Securities Course Motion Providers for variety of securities class action settlements in 2017. The business has been rated in the top rated 4 each calendar year because 2013 and has recovered hundreds of millions of dollars for traders. In 2019 alone the company secured in excess of $438 million for buyers. In 2020, founding spouse Laurence Rosen was named by legislation360 as a Titan of Plaintiffs’ Bar. Lots of of the firm’s lawyers have been regarded by Lawdragon and Super Legal professionals.

Aspects OF THE Circumstance: In accordance to the lawsuit, defendants during the Course Period manufactured fake and/or deceptive statements and/or unsuccessful to disclose that: (1) Sesen Bio’s clinical demo for Vicineum (VB4-845), a locally administered qualified fusion protein (“TFP”) designed as a treatment of bacillus Calmette-Guérin (“BCG”)-unresponsive non-muscle invasive bladder most cancers (“NMIBC”) had far more than 2,000 violations of trial protocol, which include 215 labeled as “major” (2) 3 of Sesen Bio’s medical investigators were being located responsible of “serious noncompliance,” like “back-dating data” (3) Sesen Bio had submitted the tainted info in link with the Biologics License Software (“BLA”) for Vicineum (4) Sesen Bio’s scientific trials confirmed that Vicineum leaked out into the physique, main to aspect effects including liver failure and liver toxicity, and expanding the challenges for deadly, drug-induced liver personal injury (5) as a final result of the foregoing, the Company’s BLA for Vicineum was not likely to be authorized (6) as a consequence of the foregoing, there was a realistic probability that Sesen Bio would be demanded to perform added trials to assist the efficacy and safety of Vicineum and (7) as a result of the foregoing, defendants’ optimistic statements about the Company’s company, functions, and potential customers have been materially deceptive and/or lacked a realistic basis. When the real information entered the market, the lawsuit claims that buyers suffered damages.

To be a part of the Sesen Bio course action, go to http://www.rosenlegal.com/conditions-sign up-2149.html or call Phillip Kim, Esq. toll-totally free at 866-767-3653 or e-mail pkim@rosenlegal.com or instances@rosenlegal.com for facts on the class action.

No Class Has Been Accredited. Till a class is certified, you are not represented by counsel except if you keep 1. You may pick out counsel of your alternative. You may perhaps also keep on being an absent course member and do nothing at this place. An investor’s capacity to share in any potential long run restoration is not dependent on serving as lead plaintiff.

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Legal professional Promotion. Prior success do not guarantee a identical end result.

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Contact Details:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Regulation Company, P.A.
        275 Madison Avenue, 40th Flooring
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Absolutely free: (866) 767-3653
        Fax: (212) 202-3827
        lrosen@rosenlegal.com
        pkim@rosenlegal.com
        cases@rosenlegal.com
        www.rosenlegal.com