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HUMACYTE, INC. (NASDAQ: HUMA) INVESTOR ALERT: Investors With Large Losses in Humacyte, Inc. Should Contact Bernstein Liebhard LLP To Discuss Their Rights

Key Takeaway: Bernstein Liebhard LLP has announced a class action lawsuit on behalf of Humacyte, Inc. investors who purchased securities between May 10, 2024, and October 17, 2024. The lawsuit alleges that the company made misleading statements about the FDA approval of its Acellular Tissue Engineered Vessel and operational conditions at its Durham facility. Investors have until January 17, 2025, to file papers if they wish to serve as lead plaintiff. The legal representation is on a contingency fee basis, with no upfront costs for shareholders.

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CONCERNS & RISKS

  • A class action lawsuit has been filed due to alleged misrepresentations by Humacyte regarding FDA approval.
  • The lawsuit concerns potential issues at the Durham, North Carolina facility, which may affect investor confidence.
  • Investors who acquired shares between May and October 2024 are now facing legal risks and potential losses.

Full Press Release Details

NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Humacyte, Inc. (“Humacyte” or the “Company”) (NASDAQ: HUMA) between May 10, 2024 and October 17, 2024, inclusive.
For more information, submit a form at Humacyte, Inc. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@bernlieb.com, or call us at (212) 951-2030.
According to the lawsuit, Humacyte made misrepresentations concerning potential FDA approval of one of its products, the Acellular Tissue Engineered Vessel, relating to conditions at the Company’s Durham, North Carolina facility.
If you wish to serve as lead plaintiff for the Class, you must file papers by January 17, 2025. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.
ATTORNEY ADVERTISING. © 2024 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Investor Relations Manager
Bernstein Liebhard LLP

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class action lawsuit

Frequently Asked Questions

What is the lawsuit against Humacyte, Inc. about?

The lawsuit involves securities fraud claims due to misrepresentations about FDA approval.

Who filed the lawsuit for Humacyte investors?

Bernstein Liebhard LLP filed the securities class action on behalf of investors.

What deadline exists for serving as lead plaintiff?

The deadline to file papers to become lead plaintiff is January 17, 2025.

Are there fees for shareholders involved in the lawsuit?

No, all representation is on a contingency fee basis without fees for shareholders.

How long has Bernstein Liebhard LLP been operating?

Bernstein Liebhard LLP has been in operation since 1993, recovering over $3.5 billion.

Last updated: Nov 21, 2024