Important Alert for Caribou Biosciences Shareholders: Contact Gross Law Firm by February 24, 2025
Attention Caribou Biosciences Shareholders
The Gross Law Firm has issued an informative notice directed towards shareholders of Caribou Biosciences, Inc. (NASDAQ: CRBU). If you have purchased shares during the class period spanning from July 14, 2023, to July 16, 2024, it is essential that you reach out to the firm before February 24, 2025. The law firm aims to guide you on your rights and the potential for collective legal action.
Class Action Details
During the specified class period, allegations have arisen claiming that the defendants, associated with Caribou Biosciences, conveyed fundamentally misleading statements. Specifically, these claims revolve around the overstatement of the safety and overall effectiveness of the company's product, CB-010, particularly concerning its application in treating patients with relapsed/refractory B-cell non-Hodgkin lymphoma (r/r B-NHL) and large B-cell lymphoma (LBCL). Claims further assert that Caribou failed to adequately disclose their financial vulnerabilities, highlighting risks related to insufficient cash flow and necessary capital to sustain their operations, including research activities tied to their allogeneic CAR-NK platform.
This series of omissions and misrepresentations has purportedly resulted in significant adverse effects on Caribou's business operations and overall market performance. Such risks and operational impacts were not communicated transparently to investors, leading to claims that the defendants’ public statements were, at all relevant times, false and misleading.
Call to Action for Shareholders
Shareholders should act promptly; the deadline for those wanting to seek lead plaintiff status in this class action is set for February 24, 2025. By registering your details, you will gain access to portfolio monitoring services that will keep you updated throughout the case's progression. Importantly, participation is at no cost or obligation to you.
Register your information here to ensure you do not miss out on this important opportunity to protect your investment rights.
Why Choose The Gross Law Firm?
The Gross Law Firm is a nationally-acclaimed class action law firm that strives to uphold the rights of investors who may have suffered losses due to deceitful practices and fraudulent activities. The firm is dedicated to advocating for responsible corporate behavior and seeks recovery for investors affected by misleading financial disclosures that artificially inflated stock values.
With the weight of their extensive experience in such cases, The Gross Law Firm positions itself as a leading option for shareholders looking for justice and recourse. Each case's outcome may vary, and previous successes do not guarantee similar results in future actions. If you believe your investment has been compromised due to these allegations, make sure to reach out promptly to explore your options.
Contact Information
For more details, interested shareholders can contact:
- - The Gross Law Firm
New York, NY, 10018
Email: info@grosslawfirm.com
Phone: (646) 453-8903
Stay informed and proactive about your investment in Caribou Biosciences, Inc. Don't allow these potential injustices to go unaddressed. Act before the deadline on February 24, 2025.
Topics Financial Services & Investing）
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