According to the lawsuit, throughout the Class Period the defendants made statements that were misleading and/or false and/or failed to disclose that: (1) MEI Pharma overstated the potential efficacy of Pracinostat as an acute myeloid leukemia (“AML”), treatment for the target population; (2) consequently, the Phase 3 Pracinostat Trial was unlikely to meet its primary endpoint of overall survival; (3) once revealed, all the foregoing was foreseeably likely to have a material negative impact on the financial condition of the company’s and prospects for Pracinostat; and (4) as a result, public statements made by the company were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

MEI Pharma, Inc.

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We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.

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The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
8240 Beverly Blvd., Suite 9
Los Angeles, CA 90048
info@portnoylaw.com