Levi & Korsinsky Notifies Shareholders of BioNTech SE(BNTX) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / February 10, 2024 / If you have suffered a loss on your BioNTech SE (NASDAQ: BNTX) and would like to learn more about a potential takeover under the federal securities laws, follow the link below for more information:

or contact Joseph E. Levi, Esq. by email at [email protected] or call (212) 363-7500 to speak with our team of experienced shareholder advocates.

THE TRIAL : A securities class action lawsuit has been filed against BioNTech SE seeking to recover losses from shareholders who were harmed by alleged securities fraud between March 30, 2022 and October 13, 2023.

CASE DETAILS: The complaint filed alleges that Defendants made false statements and/or concealed that: (i) BioNTech overestimated the demand and/or commercial prospects for Comirnaty, the COVID-19 vaccine developed by the Company in collaboration with Pfizer; (ii) the Company and/or Pfizer had accumulated excess inventories of raw materials for Comirnaty, as well as COVID-19 vaccine doses suitable for other non-XBB.1.5 variants produced at risk; (iii) as a result, BioNTech was at increased risk of experiencing significant inventory write-offs and other charges related to Comirnaty; and (iv) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

AND AFTER? If you have suffered a loss on BioNTech shares during the relevant period – even if you still hold your shares – go to to know your rights to seek compensation. There is no cost or obligation to participate.

WHY LÉVI & KORSINSKI: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally recognized securities litigation firm that has obtained hundreds of millions of dollars for injured shareholders and amassed a track record of victories in high-stakes cases. The firm has extensive expertise in representing investors in complex securities litigation and a team of more than 70 employees to serve our clients. For seven consecutive years, Levi & Korsinsky has been ranked in the ISS Securities Class Action Services Top 50 Report as one of the top securities litigation firms in the United States. Lawyer advertising. Previous results do not guarantee similar results.

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, New York 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

SOURCE: Levi & Korsinsky, LLP

View original Press release on accesswire.com

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