Toll Free: 1-888-638-4847
Law Offices of Howard G. Smith
3070 Bristol Pike, Suite 112
Bensalem, PA 19020
Telephone: (215) 638-4847
Facsimile: (215) 638-4867
Speak to a Lawyer, Not a Receptionist!
Exicure, Inc. (NASDAQ: XCUR)
Copyright © 2006-2022 Law Offices of Howard G. Smith
This lawsuit is for anyone who acquired securities in Exicure, Inc. (NASDAQ: XCUR) from January 7, 2021 through December 10, 2021.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors by telling investors that the Company had controls in place over its preclinical program for the treatment of Friedreich’s ataxia to prevent improprieties in the program, but then failing to have such controls in place to prevent improprieties. 

On November 15, 2021, Exicure filed a Form 12b-25 with the SEC stating that it could not timely file its quarterly report for the period ended September 30, 2021. It explained that the Company was investigating "a claim made by a former Company senior researcher regarding alleged improprieties that researcher claims to have committed with respect to the Company’s XCUR-FXN preclinical program for the treatment of Friedreich’s ataxia." On this news, the price of the Company's stock dropped precipitously on unusually heavy trading volume Then, on November 19, 2021, before the market opened, Exicure issued a press release wherein the Company disclosed that "[t]he Audit Committee has retained external counsel to conduct an internal investigation" regarding the claim by a former Company senior researcher regarding alleged improprieties with respect to the Company's  XCUR-FXN preclinical program, and that "[t]he Company is currently unable to predict the timing or outcome of the investigation.' On this news, the price of the Company's stock again dropped precipitously on unusually heavy trading volume. Finally, on December  10, 2021, after the market closed, Exicure issued a press release wherein the Company announced the "results of its previously disclosed independent internal investigation" and disclosed that ''misreported data was included in various public presentations and SEC filings from as early as January 7, 2021 through as late as August 12, 2021," that the data related to the efficacy of XCUR-FXN. The Company also announced that in response to the wrongdoing, the Company was implementing  "[a] stagered   workforce reduction of approximately 50%, expected to be completed by January 2022," and  an "[i]ndefinite suspension of further development of the Company's XCUR-FXN program for the treatment of Friedreich's  ataxia." The Company further disclosed that "Douglas Feltner, M.D, the Company's Chief Medical _Officer, has agreed to assist in the wind down of the cavrotolimod and XCUR-FXN programs and will depart the Company on January   31, 2022." Exicure also replaced its Chief Executive Officer, Dr. David Giljohann, who would serve as Chief Technology Officer through January 31, 2022. On this news, the price of the Company's stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Exicure, Inc. (NASDAQ: XCUR) from January 7, 2021 through December 10, 2021 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
Case Summary
Join the Class Action
First Name: *
Last Name: *
Middle Initial:
If Representing an Institution, Name of Institution:
If Representing an Institution, Position at Institution:
Mailing Address: *
City: *
State: *
Zip Code:
Country: *
Facsimile #:
Phone #: *
Email *
I, the Plaintiff, certify that:
1.  I have reviewed the Complaint and authorized its filing.

2.  Plaintiff did not purchase the security that is the subject of this
     action, at the direction of plaintiff's counsel or in order to   
     participate in any private action arising under this title.

3.  I am willing to serve as a representative party on behalf of a class
     and will testify at deposition and trial, if necessary.

4.  My transactions in the securities, which are the subject of this 
     action, during the Class Period set forth in the Complaint are as
     follows:
Enter share information:
Read the Complaint
See Press Release
Shares Purchased:
Type of Security:
# of Shares:*
Buy Date:*
Price per Share:*
Shares Sold:
Type of Security:
Sell Date:
# of shares:
Price per share:
5.  I have not served as a representative party on behalf of a class
     under the federal security laws during the last three years, except
     if detailed below.
6.  I will not accept any payment for serving as a representative party,
     except to receive my pro rata share of any recovery or as ordered
     or approved by the court including the award to a representative
     plaintiff of reasonable costs and expenses (including lost wages)
     directly relating to the representation of the class.
Terms:
correct statements.
agreement and retain the Law Offices of Howard G. Smith and its associates to proceed on Plaintiff's behalf, on a contingent fee basis.  If I am executing this agreement on behalf of an institution, I further certify that I am authorized to execute this agreement on behalf of the institution.
*Are you now or were you ever an employee of the
  company?
* I declare under penalty of perjury that the foregoing are true and
* By clicking on the button below, I intend to sign and execute this 
YesNo