SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Akari Therapeutics plc of Class Action Lawsuit and Upcoming Deadline - AKTX

NEW YORK, July 7, 2017

If you are a shareholder who purchased shares between March 30, 2017 and May 11, 2017, both dates inclusive, you have until July 11, 2017 to ask the Court to appoint you as Lead Plaintiff for the class.  A copy of the Complaint can be obtained at www.pomerantzlaw.com.   To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll free, ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and number of shares purchased. 

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Akari Therapeutics, plc is a clinical-stage biopharmaceutical company focused on developing inhibitors of acute and chronic inflammation, specifically the complement system, the eicosanoid system, and the bioamine system for the treatment of rare and orphan diseases.

On April 26, 2017, Edison Investment Research Ltd. ("Edison") issued a report titled "Akari's Coversin matches Soliris in Phase II" (the "Edison Report").

On April 27, 2017, the Company disclosed that Edison had withdrawn its report because it contained material inaccuracies related to Akari's interim analysis of its Phase 2 PNH trial of Coversin. The Company further stated that investors should not rely upon any information contained in the Edison Report.

Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that:  (i) officers of the Company, including Akari's Chief Executive Officer ("CEO"), were involved in publishing false information about the Company, including false information about the Phase 2 PNH trial of the Company's Coversin product; (ii) the Company lacked adequate checks and protections to prevent such behavior; and (iii) as a result of the foregoing, Akari's public statements were materially false and misleading at all relevant times.