News & Media
Entwistle & Cappucci LLP is Investigating Potential Federal Securities Law Violations in Connection with Cerevel Therapeutics Holdings, Inc. (CERE)
March 31, 2025
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 shares for $22.81 per share. Less than two months later, AbbVie announced it was acquiring Cerevel for $45.00 per share. Entwistle & Cappucci is investigating claims related to the purchases of Cerevel stock by certain Company insiders.
If you sold Cerevel (NASDAQ: CERE) securities from October 11, 2023 through December 6, 2023, or have other information concerning these issues, please contact attorneys Robert N. Cappucci or Andrew M. Sher at 212-894-7200, or via e-mail at [email protected] or [email protected].