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NEW YORK, — Levi & Korsinsky notifies investors that it has commenced an investigation of electroCore, Inc. (“electroCore” or “the Company”) (NASDAQGS: ECOR) concerning possible violations of federal securities laws.
On June 22, 2018, the Company went public, offering 5.2 million shares at a price of $15.00 per share. Since then, the electroCore’s stock price has consistently traded down to close at $1.67 per share on July 10, 2019, weighed down by negative financial results reported for the first quarter of 2019, a recently-announced restructuring and cost-cutting plan, and the resignation of its Chief Executive Officer, Francis Amato.
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or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.