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Gritstone bio, Inc. Investors: Class Action Lawsuit Filed

Investors can contact law firm free to learn more about loss recovery

LOS ANGELES, July 10, 2024 (GLOBE NEWSWIRE) — Portnoy Law Firm informs Gritstone bio, Inc. (“Gritstone” or the “Company”) (NASDAQ: GRTS) investors that a class action lawsuit has been filed on behalf of investors. Gritstone investors who have lost money on their investment are encouraged to contact Lesley Portnoy, attorney

Investors who bought and/or sold shares between March 9, 2023 and February 29, 2024 are asked to contact a lawyer Lesley F. Portnoyby phone 310-692-8883 or e-mail: [email protected]to discuss your rights, or click here join the case by www.portnoylaw.com. Portnoy Law Firm can provide a free case evaluation and discuss with investors options for pursuing claims to recover their losses.

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.

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Portnoy Law Firm represents investors in pursuing claims for corporate misconduct. Founding partner has recovered more than $5.5 billion for injured investors. Attorney Advertising. Previous results do not guarantee similar results.

Lesley F. Portnoy, Attorney at Law
Admitted to the bar in California and New York
[email protected]
310-692-8883
www.portnoylaw.com
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