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Agenus Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before November 5, 2024 to Discuss Your Rights – AGEN

Key Takeaway: Agenus Inc. is being sued for securities law violations based on allegations that the company issued misleading statements regarding the effectiveness of its immuno-oncology therapies, botensilimab and balstilimab. The complaint claims that during the class period from January 23, 2023, to July 17, 2024, the company overstated clinical results and prospects, resulting in false public statements. Shareholders who purchased AGEN shares within this timeframe are encouraged to contact The Gross Law Firm for potential lead plaintiff appointments in this class action case, with a registration deadline set for November 5, 2024.

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CONCERNS & RISKS

  • The company is facing a lawsuit for securities law violations.
  • Allegations suggest deception regarding the effectiveness of key therapies.
  • Investors were misled about the clinical results and commercial prospects of the products.
  • Statements made by the company were allegedly materially false and misleading.

Full Press Release Details

NEW YORK, Oct. 23, 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=109172&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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Frequently Asked Questions

What is the class period for Agenus Inc. shareholders?

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 include misleading statements about the effectiveness and prospects of their immuno-oncology products.

Is appointment as lead plaintiff required for recovery?

No, appointment as lead plaintiff is not necessary to participate in any recovery.

What is the deadline to register for the class action?

The deadline to register for the class action is November 5, 2024.

How will shareholders get case updates?

Registered shareholders will receive status updates through portfolio monitoring software.

Last updated: Oct 23, 2024