IMPORTANT INVESTOR NOTICE: Lundin Law PC Announces an Investigation of ZIOPHARM Oncology, Inc. and Advises Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--

Lundin Law PC (http://lundinlawpc.com/) announces it is investigating claims against ZIOPHARM Oncology Inc. ("ZIOPHARM" or the "Company") ZIOP concerning possible violations of federal securities laws.

To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

The investigation concerns whether the Company violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Specifically, the investigation will focus on the Company's July 14, 2016 announcement that a brain cancer patient in a clinical trial for its experimental gene therapy, Ad-RTS-hIL-12, died and that there was a second patient death in a gene therapy study unrelated to the Ad-RTS-hIL-12 one. The spokesperson stated that the Company did not yet inform the U.S. Food & Drug Administration about the death. Upon release of this news, stock prices of ZIOPHARM fell. The Company was trying to raise $50 million in a stock offering that week but the deal was abandoned on the night of July 14, 2016 according to an email sent by Jefferies & Co. bankers.

Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.

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

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