Investors Urged to Join Class Action Against Metagenomi, Inc. for Securities Fraud

LOS ANGELES, Nov. 7, 2024 /PRNewswire/ — The Law Offices of Frank R. Cruz is alerting investors who have experienced significant financial losses regarding their chance to lead a securities fraud class action lawsuit against Metagenomi, Inc. (“Metagenomi” or the “Company”) MGX.

Key Dates:
Class Period: February 2024 IPO
Lead Plaintiff Deadline: November 25, 2024

Shareholders who suffered losses during this period are encouraged to click here to participate.

The complaint alleges that Metagenomi’s executives did not reveal crucial information to investors. Specifically, the company’s partnership with Moderna was set to end sooner than expected. As a result, positive statements by the defendants regarding Metagenomi’s operations and future potential were misleading.

For updates, you can follow us on Twitter: twitter.com/FRC_LAW.

To join the class action, you do not need to take any immediate action. You may choose to hire a lawyer or remain an absent member of the class. For more information about your rights or this lawsuit, contact Frank R. Cruz at The Law Offices of Frank R. Cruz, located at 2121 Avenue of the Stars, Suite 800, Century City, California 90067 or call 310-914-5007. You can also email info@frankcruzlaw.com or visit our website at www.frankcruzlaw.com. If emailing, please include your mailing address, phone number, and the number of shares you purchased.

This press release may be considered Attorney Advertising in some jurisdictions under relevant laws and ethical guidelines.

Contact Information:

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/mgx-investors-have-opportunity-to-lead-metagenomi-inc-securities-fraud-lawsuit-302299163.html

SOURCE The Law Offices of Frank R. Cruz, Los Angeles