Metagenomi, Inc. Investors Warned of Class Action Lawsuit
LOS ANGELES, Oct. 24, 2024 /PRNewswire/ — The Law Offices of Frank R. Cruz have announced an opportunity for investors suffering from significant losses to take the lead in a securities fraud class action lawsuit against Metagenomi, Inc. (“Metagenomi” or the “Company”) MGX.
Important Class Period Details
Class Period: February 2024 IPO
Lead Plaintiff Deadline: November 25, 2024
Details of the Allegations
The filed complaint claims that throughout the class period, the defendants did not inform investors that: (1) Metagenomi’s partnership with Moderna was set to end in the near term and would not continue, and (2) consequently, the positive remarks made by defendants regarding the Company’s business prospects were misleading and lacked a solid foundation.
How to Join the Lawsuit
Shareholders who experienced losses can click here to participate in the lawsuit. Currently, no action is required to be part of the class action. Investors may choose to retain their own legal counsel or remain unrepresented.
Contact Information
For more information about this case or if you have questions about your rights and interests related to this pending lawsuit, please reach out to Frank R. Cruz at The Law Offices of Frank R. Cruz, located at 2121 Avenue of the Stars, Suite 800, Century City, California 90067, by calling 310-914-5007, via email at info@frankcruzlaw.com, or by visiting www.frankcruzlaw.com. When reaching out via email, please provide your mailing address, phone number, and the number of shares purchased.
This press release may be considered Attorney Advertising in certain jurisdictions based on applicable laws and ethical standards.
Contact Details
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
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SOURCE: The Law Offices of Frank R. Cruz, Los Angeles
