Sangamo Therapeutics Faces Legal Scrutiny Following Partnership Termination

Glancy Prongay & Murray LLP, a distinguished national law firm focused on shareholder rights, has launched an investigation on behalf of investors in Sangamo Therapeutics, Inc. (“Sangamo” or the “Company”) SGMO regarding possible violations of federal securities laws.

Attention Investors: If you lost money on Sangamo Therapeutics, Inc. (SGMO), click HERE to find out about claiming your losses.

What Prompted the Investigation?

On December 30, 2024, Sangamo announced after market hours that Pfizer Inc. (“Pfizer”) had ended their collaboration to develop a gene therapy product for hemophilia A. This significant change raised immediate concerns among investors.

Following this announcement, Sangamo’s stock plummeted by $1.32, representing a dramatic drop of 56.4%. The share price closed at $1.02 on December 31, 2024, indicating a considerable loss for investors.

Want to Know More?

For those interested in this investigation or if you have questions about your rights regarding these matters, please reach out for more information.

Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles, California 90067
Email: shareholders@glancylaw.com
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit us at www.glancylaw.com.
Follow us on LinkedIn, Twitter, or Facebook.

Whistleblower Information

Individuals who possess non-public information regarding Sangamo may wish to assist in the investigation or consider the SEC Whistleblower Program. Whistleblowers providing original information could receive rewards up to 30 percent of successful recoveries made by the SEC. To learn more, contact Charles H. Linehan at 310-201-9150 or 888-773-9224 or email shareholders@glancylaw.com.

About Glancy Prongay & Murray LLP

Glancy Prongay & Murray LLP (“GPM”) is a top law firm that advocates for investors and consumers in securities litigation and complex class action cases. GPM has consistently ranked in the Top 50 Securities Class Action Settlements by ISS Securities Class Action Services. In 2018, the firm was recognized as a leading law firm for the number of securities class action settlements and for the overall size of settlement dollars.

With four locations nationwide, GPM employs nearly 40 attorneys who have achieved significant rulings and recouped billions for investors across various sectors, including securities, antitrust, consumer and employment class actions. Notably, GPM’s achievements have received coverage from respected outlets such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money.

This press release may be considered Attorney Advertising in some jurisdictions based on applicable law and ethical standards.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250102580199/en/