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Entwistle & Cappucci LLP is Investigating Potential Federal Securities Law Violations in Connection with Cerevel Therapeutics Holdings, Inc. (CERE)

1. Cerevel is under investigation for potential securities law violations post-acquisition. 2. A secondary public offering of 19 million shares was conducted recently.

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FAQ

Why Bearish?

Securities law investigations can erode investor confidence, similar to past cases like Eqt. The recent secondary offering may dilute shares, impacting perception negatively.

How important is it?

The investigation indicates potential legal risks that could affect stock performance and investor sentiment.

Why Short Term?

The immediate effects of an investigation and share dilution typically influence stock prices quickly.

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NEW YORK--(BUSINESS WIRE)--Entwistle & Cappucci LLP (“Entwistle & Cappucci”) is investigating potential federal securities law violations on behalf of its clients and other former holders of Cerevel Therapeutics Holdings, Inc. (“Cerevel” or the “Company”) (NASDAQ: CERE) common stock. Cerevel was a publicly traded biopharmaceutical company that was acquired by AbbVie, Inc. in August 2024. On October 16, 2023, Cerevel conducted a secondary public stock offering of approximately 19 million.

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