Recent Updates
Recently added Catalysts
AGEN Negative Sentiment Score: 20/100

Agenus Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – AGEN

Key Takeaway: Agenus Inc. is currently being sued for securities law violations, with allegations that the company misled investors regarding the effectiveness of their immuno-oncology products, botensilimab and balstilimab. The class period in question spans from January 23, 2023, to July 17, 2024. Shareholders are encouraged to register for a class action lawsuit that aims to address these alleged misrepresentations. The deadline to seek lead plaintiff status is November 5, 2024.

Market Sentiment Analysis

CONCERNS & RISKS

  • Agenus Inc. is facing allegations of issuing materially false and misleading statements regarding their immuno-oncology products.
  • The clinical effectiveness of botensilimab and balstilimab was overstated, impacting investor trust.
  • Shareholders may face financial losses due to the company's failure to disclose important information.

Full Press Release Details

NEW YORK, Oct. 08, 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=107034&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.
15 West 38th Street, 12th floor
Phone: (646) 453-8903

Tags

Frequently Asked Questions

What is the class period for the Agenus Inc. case?

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

What are the allegations against Agenus Inc.?

The allegations state that Agenus misled investors about the effectiveness of its immuno-oncology products.

Is there a deadline for shareholders to register?

Yes, the deadline for shareholders to register is November 5, 2024.

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

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

What support do registered shareholders receive?

Registered shareholders will receive status updates through portfolio monitoring software.

Last updated: Oct 8, 2024