With the help of Schall Law Firm, investors can file a securities fraud lawsuit against Gritstone Bio Inc.

LOS ANGELES, CALIFORNIA / ACCESSWIRE / June 30, 2024 / Schall Law Firm, a national shareholder rights litigation firm, reminds investors of the Gritstone bio, Inc. class action lawsuit. (“Gritstone” or the “Company”) (NASDAQ:GRTS) for violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities Exchange Commission and Stock exchanges.

Investors who purchased the Company’s securities between March 9, 2023 and February 29, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before August 6, 2024.

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

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights free of charge. You can also contact us through the firm’s website at www.schallfirm.com or by email at (email protected).

The class in this case has not yet been certified and until certification, you will not be represented by an attorney. If you choose to take no action, you may remain an absent member of the class.

According to the Complaint, the Company made false and misleading statements to the market. Gritstone failed to initiate the Phase 2b CORAL study on the date it promised to investors. This delay made it difficult for the Company to obtain external financing related to the study. The Company overestimated its ability to commercialize its products. Based on these facts, the Company’s public statements were false and materially misleading throughout the Class Period. When the market learned the truth about Gritstone, investors suffered harm.

Join the case and recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class actions and shareholder rights disputes.

This press release may be considered attorney advertising in some jurisdictions under applicable law and rules of ethics.

CONTACT:
Schall Law Firm
Brian Schall, Attorney at Law
www.schallfirm.com
Office: 310-301-3335
(email protected)

SOURCE: Schall Law Firm