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Agenus Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before November 5, 2024 to Discuss Your Rights – AGEN

Key Takeaway: Agenus Inc. is facing a class action lawsuit alleging securities fraud due to misleading statements regarding its immuno-oncology products. Specifically, the complaint claims that the effectiveness of botensilimab and balstilimab was exaggerated and their clinical results were not as favorable as presented. Shareholders who purchased shares during the specified class period from January 23, 2023, to July 17, 2024, are encouraged to participate by registering with The Gross Law Firm before the November 5, 2024 deadline. The lawsuit aims to protect investor rights amid claims of deception that led to inflated stock prices.

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CONCERNS & RISKS

  • The lawsuit alleges that Agenus Inc. issued materially false and misleading statements regarding their products.
  • The effectiveness of the combination therapy of botensilimab and balstilimab was overstated.
  • The complaint raises concerns about the regulatory and commercial prospects of these therapies.

Full Press Release Details

NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Agenus Inc. (NASDAQ: AGEN).
Shareholders who purchased shares of AGEN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: January 23, 2023 to July 17, 2024
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the combination therapy of their immuno-oncology products, botensilimab and balstilimab was less effective than the defendants had led investors to believe; (ii) accordingly, botensilimab and balstilimab’s clinical results, as well as their regulatory and commercial prospects, were overstated; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.
DEADLINE: November 5, 2024 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/agenus-loss-submission-form/?id=109665&from=3
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of AGEN during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is November 5, 2024. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
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Phone: (646) 453-8903

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Frequently Asked Questions

What is the class period for the Agenus Inc. shareholder notice?

The class period for Agenus Inc. shareholders is from January 23, 2023, to July 17, 2024.

What allegations are made against Agenus Inc.?

The allegations claim that Agenus misled investors about the effectiveness of their immuno-oncology products.

What is the deadline for shareholders to register?

Shareholders must register by November 5, 2024, to participate in the case.

Do I need to be a lead plaintiff to recover damages?

No, you do not need to be a lead plaintiff to partake in any recovery.

How can I monitor the status of my case?

Once registered, you will be enrolled in a portfolio monitoring software for updates.

Last updated: Oct 29, 2024