The Rosen Law Firm Announces Investigation of
Securities Claims Against Radient
Pharmaceuticals Corporation – RPC
March 07, 2011 09:03 PM Eastern Time
NEW YORK--(EON: Enhanced Online News)--The Rosen Law Firm, P.A. announces that it is investigating
potential securities fraud claims against Radient Pharmaceuticals Corporation (AMEX: RPC) resulting from
allegations that the Company may have issued materially inaccurate statements about the involvement of the
prestigious Mayo Clinic in one of the Company’s clinical trials.
On January 18, 2011, Radient issued a press release announcing “progress on its clinical study with the Mayo
Clinic…” In connection with the clinical study the Company claimed that samples were being tested by the Company
and the Mayo Clinic to directly compare the efficacy of the Onko-Sure test with another test.
On March 7, 2011, TheStreet.com issued an article refuting claims that the Mayo Clinic was conducting a clinical
trial with Radient. In the article, a Mayo Clinic spokesperson is quoted as stating that: “Mayo is not engaged in
clinical studies with Radient and does not have a partnership agreement with Radient.” The Mayo Clinic
spokesperson added that: “The services Mayo was required to provide to Radient have been fulfilled. Any clinical
study results about Onko-Sure would be provided by Radient, not Mayo Clinic.” As a result of this adverse news,
the price of Radient stock on March 7, 2011 fell, damaging investors.
The Rosen Law Firm is investigating a securities class action lawsuit on behalf of Radient investors. If you purchased
Radient stock between January 18, 2011 and March 7, 2011, please visit the website at http://www.rosenlegal.com
for more information. You may also contact Laurence Rosen, Esq., or Phillip Kim, Esq. of The Rosen Law Firm toll
free at 866-767-3653 or via e-mail at email@example.com or firstname.lastname@example.org.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions
and shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
The Rosen Law Firm P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
275 Madison Avenue 34th Floor
New York, New York 10016
Weekends Tel: 917-797-4425
Toll Free: 1-866-767-3653