The Klein Law Firm announces the commencement of an investigation of Esperion Therapeutics, Inc. (NASDAQGM: ESPR) concerning possible violations of federal securities laws.
On May 2, 2018, Esperion announced results from its second Phase 3 study for its cholesterol-lowering medication bempedoic acid. Esperion reported that while the trial met the primary endpoint of safety and tolerability and the key efficacy endpoint, there were 13 deaths in the treatment group compared to only two in the control group. On this news, Esperionâ€™s share price fell from a close of $70.50 per share on May 1, 2018, to a close of $45.75 per share the following day.
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