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TMCNet:  INVESTOR ALERT: Class Action Lawsuit Against Prosensa Holding N.V. Announced by Law Offices of Howard G. Smith

[July 23, 2014]

INVESTOR ALERT: Class Action Lawsuit Against Prosensa Holding N.V. Announced by Law Offices of Howard G. Smith

BENSALEM, Pa. --(Business Wire)--

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons and/or entities who purchased or otherwise acquired the ordinary shares of Prosensa Holding N.V. ("Prosensa" or the "Company") (NASDAQ:RNA) pursuant and/or traceable to the Registration Statement and Prospectus (collectively, the "Registration Statement") issued in connection with the Company's initial public offering ("IPO") on or about June 28, 2013.

Prosensa is a biotechnology company engaged in he discovery and development of RNA-modulating therapeutics for the treatment of genetic disorders. The Company's first and lead product candidate was drisapersen, which Prosensa was developing in collaboration with GlaxoSmithKline to address a variety of mutations resulting in inadequate production of dystrophin - a protein necessary for muscle function. The Complaint alleges that the Registration Statement contained materially false and/or misleading statements and/or omitted material information concerning the development status of drisapersen, the drug's Phase II and Phase III clinical studies, and the prospects for drisapersen's regulatory approval.


If you are a member of the Class described above, you have until September 16, 2014, to move the Court to serve as lead plaintiff, if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.


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