MONDAY DEADLINE ALERT: The Schall Law Firm Announces it is Investigating Claims Against Prothena Corporation plc and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

The
Schall Law Firm, a national shareholder rights litigation firm,
announces that it is investigating claims on behalf of investors of
Prothena Corporation plc (”Prothena” or ”the Company”) (NASDAQ: PRTA)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and
Exchange Commission.

The investigation focuses on whether the Company issued false and/or
misleading statements and/or failed to disclose information pertinent to
investors. Prothena withheld clinical trial data demonstrating that its
antibody, NEOD001, was not a clinically effective treatment for AL
amyloidosis. The Company also made misleading comparisons of NEOD001’s
“best response” rate against prior studies. Prothena made misleading
statements about the ongoing Phase 1/2 study of NEOD001, stating that
the study would create a strong foundation for late-stage Phase 2b and
Phase 3 studies of the antibody, while the full Phase 1/2 data showed
the antibody was not an effective treatment. When accurate information
about the Company became apparent in the market, investors suffered
damages.

The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder rights
litigation.

If you are a shareholder who suffered a loss, click
here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of
the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA
90067, at 424-303-1964, to discuss your rights free of charge. You can
also reach us through the firm’s website at www.schallfirm.com,
or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder rights
litigation.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and rules of ethics.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180711005807/en/

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