LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Gritstone bio, Inc. (“Gritstone” or “the Company”) (NASDAQ: GRTS) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Gritstone would fail to launch its Phase 2b CORAL Study in the timeframe it had promised investors. This delay hampered the Company’s ability to secure external funding related to the study. The Company overstated 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 damages.
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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 Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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