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Financials : Banks | Large Cap ValueCompany profile

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Closing Price
Day's Change
-0.72 (-2.65%)
B/A Size
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Day's Low
(Heavy Day)

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Robbins Arroyo LLP: Corbus Pharmaceuticals Holdings, Inc. (CRBP) Sued for Misleading Shareholders

6:39 pm ET June 10, 2019 (BusinessWire) Print

Shareholder rights law firm Robbins Arroyo LLP reminds shareholders that purchasers of Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) filed a class action complaint against the company for alleged violations of the Securities and Exchange Act of 1934 between November 14, 2016 and February 28, 2019. Corbus purports to be a pharmaceutical company focused on the development and commercialization of novel therapies to treat inflammatory and fibrotic diseases.

View this information on the law firm's Shareholder Rights Blog:

Corbus Accused of Faking Clinical Results for Lenabasum

According to the complaint, since 2016, Corbus falsely assured investors with reports of positive clinical data in its studies for Lenabasum. Then, on February 28, 2019, a SeekingAlpha article was published denouncing the company's results by stating that Lenabasum's "Phase 2 trial in SSc was a massive failure." When the truth about Lenabasum was revealed, Corbus' stock fell almost 16% on February 28, 2019. The stock still trades below its class period high.

Corbus Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Leo Kandinov at (800) 350-6003,, or via the shareholder information form on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.

Attorney Advertising. Past results do not guarantee a similar outcome.

View source version on

SOURCE: Robbins Arroyo LLP

Leo KandinovRobbins Arroyo LLP5040 Shoreham PlaceSan Diego, CA 525-3990 or Toll Free (800)

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