Branham Law, LLP Announces an Investigation of Chelsea Therapeutics International, Ltd. for Possible Securities Law Violations

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Branham Law, LLP Announces an Investigation of Ch .. onal, Ltd. for Possible Securities Law Violations

Branham Law, LLP Announces an Investigation of Chelsea Therapeutics International, Ltd. for Possible Securities Law Violations

^{Published on 2012-08-24 13:34:07 - Market Wire}

DALLAS--([ BUSINESS WIRE ])--[ Branham Law, LLP ] announces an investigation has been launched into the actions of the officers and directors of [ Chelsea Therapeutics International, Ltd. ] (Nasdaq: CHTP) (aChelseaa or the aCompanya) for possible violations of securities and shareholder protection laws.

If you purchased shares of Chelsea between November 3, 2008 and March 28, 2012 or have relevant information regarding this suit, you are urged to contact attorney [ Trey Branham ] at [ tbranham@branham-law.com ] or toll free at (855) 722-5910.

The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) Chelseaas Northera (droxidopa) product, an orally-active synthetic precursor of norepinephrine being developed for the treatment of symptomatic neurogenic orthostatic hypotension, would not receive approval from the U.S. Food and Drug Administration; and (2) the Companyas numerous statements regarding the safety and efficacy of the product, as well as reportedly positive results from Northeraas clinical trials, were materially false and misleading.

Branham Law, LLP has significant experience in shareholder representation nationwide.