Agenus Inc. Investors Urged to Act Ahead of Class Action Deadline
Agenus Inc. Investors Urged to Act Ahead of Class Action Deadline
Investors with stakes in Agenus Inc. have an important deadline approaching concerning a class action lawsuit that addresses securities fraud. If you're a shareholder, it’s crucial you understand your rights and the actions you can take as the deadline approaches.
Understanding Your Participation
Have you, or did you at any point, own shares in Agenus Inc. (NASDAQ: AGEN)? If so, you might want to reflect on your investment during the specified period. Did you purchase shares between January 23, 2023, and July 17, 2024? This timeframe defines the period that the lawsuit focuses on.
Evaluating Your Investment
It's vital to consider whether your investment in Agenus has been profitable. If you experienced losses due to your investment, it may be an opportune time to explore your legal options. Engaging with a knowledgeable legal representative could provide beneficial insights into your situation.
The Role of Bernstein Liebhard LLP
Bernstein Liebhard LLP, a leading firm specializing in investor rights, is reminding all shareowners of Agenus about the unfolding lawsuit. The firm has a solid track record of representing individuals in similar circumstances, focusing on ensuring that those who have been impacted can reclaim their lost investments.
Key Details of the Lawsuit
The lawsuit addresses potential misrepresentations made by the Company regarding the development of its investigational therapy aimed at treating metastatic colorectal cancer. Shareholders who participated in this class action can become involved by filing their necessary paperwork by November 5, 2024.
Taking Action as a Shareholder
It's essential for potential lead plaintiffs to file the appropriate documents on time. Acting as a lead plaintiff means you would direct the litigation on behalf of other investors. However, it’s important to note that participation as an absent class member still allows you to share in any recovery that may come from the suit.
No Upfront Fees Required
For those concerned about costs, representation by Bernstein Liebhard LLP operates on a contingency fee basis, which means that you pay no upfront fees or expenses unless your case is won. This structure ensures that shareholder interests come first.
Bernstein Liebhard LLP’s Achievements
Established in 1993, Bernstein Liebhard LLP has successfully recovered more than $3.5 billion for its clients, showcasing its dedication and prowess in litigation. The firm is not only focused on individual investors but also collaborates with large pension funds to safeguard their financial interests.
Contact Information for Investors
If you're an Agenus investor looking for answers or plans regarding the class action, reaching out to Investor Relations Manager, Peter Allocco, could be an important next step. He can be contacted at (212) 951-2030, and is available to address any inquiries you may have regarding your legal rights or the class action.
Frequently Asked Questions
1. What is the purpose of the class action lawsuit against Agenus Inc.?
The lawsuit seeks to address allegations of securities fraud against Agenus, related to misstatements about their investigational therapy.
2. How can I know if I am part of the affected shareholders?
If you purchased securities between January 23, 2023, and July 17, 2024, you may be part of this class action.
3. What happens if I miss the deadline?
If you miss the deadline to file your papers, you may forfeit your opportunity to participate in the settlement.
4. What does it cost to join the class action?
There are no upfront fees involved; the firm operates on a contingency basis.
5. Who should I contact for more information?
You can reach out to Peter Allocco at Bernstein Liebhard LLP for any queries regarding your rights or the class action.
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