Rosen Law Firm Urges Gritstone bio, Inc. Investors to Act Before August Deadline in Securities Class Action

NEW YORK, Aug. 04, 2024 — Investors who have purchased securities of Gritstone bio, Inc. GRTS are being reminded by Rosen Law Firm, a renowned global investor rights law firm, to seek legal counsel prior to the critical deadline of August 6, 2024. The firm issued this reminder related to the ongoing securities class action lawsuit against Gritstone bio, which affects those who acquired the company’s securities between March 9, 2023, and February 29, 2024, inclusively referred to as the 'Class Period.' Investors are encouraged to come forward before the August deadline to lead the case.

Background of Gritstone bio, Inc. and Legal Challenge

Gritstone bio, Inc., operating under the ticker GRTS, is a cutting-edge clinical-stage biotechnology firm based in Emeryville, California. The company focuses on the development of tumor-specific cancer immunotherapies aimed at treating various forms of cancer and infectious diseases. The legal issues surrounding Gritstone bio stem from allegations that the company may have provided misleading information to investors, potentially impacting the value of its securities during the Class Period. As a result, a class-action lawsuit has been filed, with Rosen Law Firm spearheading the effort to bring justice to affected investors.

Importance of the August 6 Deadline

The August 6, 2024 deadline is significant for investors who have purchased GRTS securities during the Class Period. This date serves as a cut-off for investors to be appointed as the lead plaintiff in the class action lawsuit. Acting as the lead plaintiff can have a profound impact on the direction of the case, as the lead plaintiff typically works closely with the attorneys to ensure that the interests of the class members are adequately represented.

In conclusion, it is essential for investors who feel they have been harmed by potential misstatements or omissions by Gritstone bio, Inc. during the Class Period to act promptly and seek legal advice. Rosen Law Firm remains prepared to assist investors in navigating the complexities of the securities class action. As the deadline approaches, affected investors should not delay in taking the necessary steps to protect their rights and potentially recover their investments.

deadline, investors, lawsuit