Costco Wholesale Corp
Change company Symbol lookup
Select an option...
COST Costco Wholesale Corp
TLRY Tilray Inc
GTX Garrett Motion Inc
ADOC Edoc Acquisition Corp
GM General Motors Co
PKKFF Tenet Fintech Group Inc
NETLF NetLink NBN Trust
VMI Valmont Industries Inc
FF FutureFuel Corp
GLPI Gaming and Leisure Properties Inc
Go

Consumer Staples : Food & Staples Retailing | Large Cap Blend
Company profile

Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and through its subsidiaries in Taiwan. The Company's average warehouse space is approximately 146,000 square feet. The Company's warehouses on average operate on a seven-day, 70-hour week. The Company offers merchandise in various categories, which include food and sundries (including dry foods, packaged foods, groceries, snack foods, candy, alcoholic and nonalcoholic beverages, and cleaning supplies); hardlines (including appliances, electronics, health and beauty aids, hardware, and garden and patio); fresh foods (including meat, produce, deli, and bakery); softlines (including apparel and small appliances), and ancillary (including gasoline and pharmacy businesses).

Closing Price
$528.93
Day's Change
3.42 (0.65%)
Bid
--
Ask
--
B/A Size
--
Day's High
537.50
Day's Low
524.77
Volume
(Above Average)
Volume:
2,984,376

10-day average volume:
2,574,423
2,984,376

SESEN BIO, INC. (SESN) SHAREHOLDER LAWSUIT OCTOBER 18, 2021 FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Sesen Bio, Inc.

4:15 pm ET October 13, 2021 (Newsfile) Print

New York, New York--(Newsfile Corp. - October 13, 2021) -  Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on behalf of those who purchased or acquired the securities of Sesen Bio, Inc. (NASDAQ: SESN) between December 21, 2020 and August 17, 2021. The lawsuit seeks to recover Sesen Bio, Inc. shareholders' investment losses. The lawsuit filed in the United States District Court for the Southern District of New York alleges violations of the Securities Act of 1934.

If you wish to serve as lead plaintiff, you must move the Court no later than October 18, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased Sesen Bio securities, and/or would like to discuss your legal rights and options please visit Sesen Bio Inc Shareholder Class Action Lawsuitor contact RujulPatel toll free at (877) 779-1414 or rpatel@bernlieb.com

The complaint alleges that, throughout the Class Period, Defendants made false and misleading statements and failed to disclose that: (i) that Sesen Bio's clinical trial for Vicineum had more than 2,000 violations of trial protocol, including 215 classified as 'major'; (ii) that three of Sesen Bio's clinical investigators were found guilty of 'serious noncompliance,' including 'back-dating data'; (iii) that Sesen Bio submitted the tainted data in connection with the BLA for Vicineum (iv) that Sesen Bio's clinical trials showed that Vicineum leaked out into the body, leading to sides effects including liver failure and liver toxicity, and increasing the risks for fatal, drug-induced liver injury; (v) that, as a result of the foregoing, the Company's BLA for Vicineum was not likely to be approved; (vi) that, as a result of the foregoing, there was a reasonable likelihood that Sesen Bio would be required to conduct additional trials to support the efficacy and safety of Vicineum; and (vii) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On August 13, 2021, Sesen Bio announced the FDA declined to approve its Biologics License Application for Vicineum in its current form. On this news, the Company's share price fell $2.80, or 57%, to close at $2.11 per share on August 13, 2021.

On August 16, 2021, Sesen Bio further revealed that "it appears that [the Company] will need to do a clinical trial to provide the additional efficacy and safety data necessary for the FDA to assess the benefit-risk profile, which is the basis for approval." The Company announced it expected it could not resubmit its BLA until 2023. On this news, the Company's share price fell $0.89, or 42%, to close at $1.22 per share on August 16, 2021.

Then, on August 18, 2021, the health and medicine news site STAT published an article entitled "Sesen Bio trial of cancer drug marked by misconduct and worrisome side effects, documents show." The article detailed that the clinical trial for Vicineum was marked by thousands of violations of study rules, damning investigator conduct, and worrying signs of toxicity the company did not publicly disclose. On this news, the Company's share price fell $0.20, or 13% to close at $1.31 per share on August 18, 2021.

If you purchased Sesen Bio securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/sesenbioinc-sesn-shareholder-class-action-lawsuit-fraud-stock-433/apply/or contact Rujul Patel toll free at (877) 779-1414 or rpatel@bernlieb.com

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2021 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information

Rujul Patel

Bernstein Liebhard LLP

https://www.bernlieb.com

(877) 779-1414

rpatel@bernlieb.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/99547

comtex tracking

COMTEX_395129982/2523/2021-10-13T16:15:42

Earnings Calendar and Events Data provided by |Terms of Use| © 2021 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., ,, and

Copyright © 2021. All rights reserved.