NEW
YORK, July 25, 2024 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders
of Gritstone bio, Inc. (NASDAQ: GRTS).
Shareholders who purchased shares of GRTS during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/gritstone-loss-submission-form/?id=91971&from=4
CLASS PERIOD: March 9, 2023
to February 29, 2024
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (i) the
Company would be unable to launch the Phase 2b CORAL Study, it's approved COVID-19 vaccine,
in the timeframe it had represented to investors; (ii) the
foregoing would impair Gritstone's ability to obtain external
funding in connection with the Study, thereby negatively affecting
Gritstone's ability to maintain its balance sheet and cash
position; (iii) accordingly, Gritstone overstated its ability to
successfully develop and commercialize its products; (iv) as a
result, the Company's public statements were materially false and
misleading at all relevant times.
DEADLINE: August 6, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/gritstone-loss-submission-form/?id=91971&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of GRTS during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is August 6, 2024. There is no cost
or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original
content:https://www.prnewswire.com/news-releases/gritstone-bio-inc-sued-for-securities-law-violations--investors-should-contact-the-gross-law-firm-before-august-6-2024-to-discuss-your-rights--grts-302205940.html
SOURCE The Gross Law Firm