PR Newswire | Jun 10, 2021 10:28AM EDT

Fistel Regarding Investigation

06/10 09:27 CDT

(OCGN) Alert: Did You Lose Money on Your Ocugen Investment? Contact Johnson Fistel Regarding Investigation SAN DIEGO, June 10, 2021

SAN DIEGO, June 10, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Ocugen, Inc. ("Ocugen" or the "Company") (NASDAQ: OCGN).

On May 26, 2021, Ocugen announced its plan to submit an Emergency Use Authorization (EUA) application for COVAXIN, a COVID-19 vaccine, to the U.S. Food & Drug Administration (FDA) in June 2021.

Then on June 10, 2021, the Company said it would no longer pursue a EUA for Covaxin and would instead aim to file for a full U.S. approval of the shot.

Following this news, the price of Ocugen common shares fell over 20% in early morning trading on June 10, 2021

If you have information that could assist in this investigation, including past employees and others, or if you are an Ocugen shareholder and are interested in learning more about the investigation, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number.

Additionally, you can [click here to join this action]. There is no cost or obligation to you.

AboutJohnson Fistel, LLP:Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:Johnson Fistel, LLPJim Baker, 619-814-4471jimb@johnsonfistel.com

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SOURCE Johnson Fistel, LLP