LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Caribou Biosciences, Inc. (“Caribou” or “the Company”) (NASDAQ: CRBU) for violations of the federal securities laws.
Investors who purchased the Company's securities pursuant and/or traceable to the Company’s initial public offering conducted on July 23, 2021 (the “IPO”) and/or between July 23, 2021 and December 9, 2022, both dates inclusive (the "Class Period"), are encouraged to contact the firm before April 11, 2023.
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 reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. The treatment effect of Caribou’s CB-010 was not as durable as it claimed to the market. The Company’s commercial prospects for CB-010 were not as strong as it stated. 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 Caribou, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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