Gritstone bio, Inc. Investors: Class action lawsuit filed on behalf of investors; the Portnoy Law Firm

Investors can contact the law firm at no cost to learn more about recovering their losses

/EIN News/ -- LOS ANGELES, June 29, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Gritstone bio, Inc. ("Gritstone" or "the Company") (NASDAQ: GRTS) investors that a class action has been filed on behalf of investors. Gritstone investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.

Investors who purchased and/or sold shares between March 9, 2023 and February 29, 2024 are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

According to the Complaint, the Company made false and misleading statements to the market. 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.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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