Investors can Contact the law firm free of charge to learn more about recovering their losses
LOS ANGELES, June 24, 2024 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises investors of Gritstone bio, Inc. (“Gritstone” or “the Company”) (NASDAQ: GRTS) that a class action lawsuit has been filed on behalf of investors. Gritstone investors who lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors who purchased and/or sold shares between March 9, 2023 and February 29, 2024 are encouraged to contact Attorney Lesley F. Portnoy by phone at 310-692-8883 or email at [email protected] to discuss their legal rights or click here to join the case at www.portnoylaw.com. The Portnoy Law Firm can provide a free case evaluation and discuss investors’ options for pursuing claims to recover their losses.
According to the complaint, the company made false and misleading statements to the market. Gritstone was unable to start its Phase 2b CORAL trial in the timeframe promised to investors. This delay hindered the company’s ability to secure external funding for the trial. The company overstated its ability to commercialize its products. Based on these facts, the company’s public statements throughout the Class Period were false and materially misleading. When the market learned the truth about Gritstone, investors suffered damages.
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The Portnoy Law Firm represents investors in claims arising from corporate malpractice. The firm’s founding partner has recovered more than $5.5 billion for injured investors. Attorney Advertising. Past results do not guarantee similar results.
Lesley F. Portnoy, Esq.
Admitted to the bar in California and New York
[email protected]
310-692-8883
www.portnoylaw.com
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