THE 6 MOST CRITICAL THINGS SHAREHOLDERS NEED TO KNOW about the BIOVIE CLASS ACTION LAWSUIT1/31/2024
 INTRODUCTION TO THE BIOVIE CLASS ACTION LAWSUITThe BioVie class action lawsuit seeks to represent purchasers or acquirers of BioVie Inc. (NASDAQ: BIVI) publicly traded securities between August 5, 2021 and November 29, 2023, inclusive (the “Class Period”). Captioned Olmstead v. BioVie Inc., No. 24-cv-00035 (D. Nev.), the BioVie class action lawsuit charges BioVie and certain of BioVie’s top executives with violations of the Securities Exchange Act of 1934. If you suffered losses in BioVie stock and wish to serve as lead plaintiff in the BioVie class action lawsuit, or just have general questions about your rights as a shareholder, please contact BioVie Stock Loss Lawyer Timothy L. Miles at no charge by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the BioVie class action lawsuit must be filed with the court no later than March 19, 2024. Read to learn the six most critical things shareholders should know at this point in the litigation in the BioVie class action lawsuit. THE LEAD PLAINTIFF DEADLINE IN THE BIOVIE CLASS ACTION LAWSUITWhen a securities class action is filed such as the BioVie class action lawsuit, the person who files the first complaint is required to publish a notice announcing the filing. Anyone who wants to be lead plaintiff on behalf of the class in the BioVie class action lawsuit must thereafter file a motion to be appointed as lead plaintiff(s) no later than 60 days after the notice was published. Lead plaintiff motions for the BioVie class action lawsuit must be filed with the court no later than March 19, 2024.  your CHOICES IF You RECEIVE A NOTICE IN THE BIOVIE CLASS ACTION LAWSUITFirst, read the notice very carefully. You have two choices. First, you can do nothing and remain a member of the class represented by lead counsel. Second, if you believe you have a large enough loss to justify it, you can opt out of the BioVie class action lawsuit and file your own separate lawsuit. Note, that if you opt out, you will not be able to participate in any settlement or recovery obtained in the BioVie class action lawsuit. tHE LEAD PLAINTIFF PROCESS IN THE BIOVIE CLASS ACTION LAWSUITThe Private Securities Litigation Reform Act of 1995 permits any investor who purchased and suffered losses in BioVie stock to seek appointment as lead plaintiff in the BioVie class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses in BioVie stock and have further questions, contact BioVie stock loss Lawyer Timothy L. Miles today who would fight to recover your damages in a BioVie class action lawsuit if you suffered losses in BioVie stock. A NON-U.S. INVESTOR may SERVE AS LEAD PLAINTIFF IN THE BIOVIE CLASS ACTION LAWSUITCourts in the U.S. have consistently recognized that non-U.S. investors, many of whom have substantial holdings, are adequate lead plaintiffs and have the same right to move for lead plaintiffs as U.S. investors. Thus, if a non-U.S. investor suffered losses in BioVie stock, they may move the Court to be appointed lead plaintiff in the BioVie class action lawsuit. you can SELL your STOCK AND STILL BE A MEMBER OF THE CLASS IN THE BIOVIE LAWSUITThere is no requirement for you to retain ownership of the stock after the class period has expired to participate in the BioVie lawsuit. THE DIFFERENCE BETWEEN OBJECTING AND EXCLUDING yourSELF IN THE BIOVIE LAWSUITObjecting is telling the Court you do not believe the settlement in the BioVie lawsuit, or some part of it, is fair or reasonable. You can file an objection only if you stay in the Class and do not exclude yourself, and you may submit a Claim Form even if you object to the settlement. On the other hand, requesting exclusion is explicitly telling the Court you do not want to be part of the Class or the Settlement in the class action against BioVie. If you exclude yourself, you cannot object to the Settlement because you no longer have standing as you are not a class member anymore. Similarly, you cannot submit a Claim Form. If you stay in the Class and object, but your objection is overruled, you will not be allowed a second opportunity to exclude yourself. CONTACT A BIOVIE STOCK LOSS LAWYER TODAY IF YOU SUFFERED LOSSES IN BIOVIE STOCK ABOUT A BIOVIE CLASS ACTION LAWSUITIf you suffered losses in BioVie stock, contact BioVie stock loss lawyer Timothy L. Miles today for a free case evaluation about a BioVie class action lawsuit. Call today and see what a BioVie stock loss lawyer could do for you if you suffered losses in BioVie stock. The Law Offices of Timothy L. Miles Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] BioVie stock loss lawyer Timothy L. MilesNashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime. Comments are closed.
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The Law Offices of Timothy L. Miles Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846-6529 Email: [email protected] HOURS OF OPERATION Mon-Fri: 24/7 Sat-Sun: 24/7 |
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