Guidance for AGEN Shareholders Facing Class Action Notification

Author: Ryan Hughes Updated: 09-18-2024 01:44 PM

Understanding Your Rights as an AGEN Shareholder

As a shareholder of Agenus Inc., it’s imperative to stay informed and proactive regarding your rights, especially in light of recent allegations concerning the company's performance. The Gross Law Firm has reached out to investors, highlighting crucial details for those who purchased shares of AGEN during the specified class period. Ensuring you're well-informed can empower you to make the best decisions for your investments.

Class Period and Allegations

The class period under scrutiny spans from January 23, 2023, to July 17, 2024. During this time, the allegations suggest that the defendants issued significant misleading statements about the efficacy of their immuno-oncology products, specifically the combination therapy of botensilimab and balstilimab. This has raised concerns about the accuracy of clinical results and overall commercial prospects, which were allegedly overstated.

What Does This Mean for Investors?

If you bought shares of AGEN during this timeline, you may be eligible to participate in the class action, which seeks to address and rectify the discrepancies created by such misleading statements. Being part of this legal action can help you recover losses resulting from the misinformation.

Key Deadlines for Shareholders

Time is of the essence for shareholders considering involvement in this case. The deadline for registering as a lead plaintiff is November 5, 2024. Prompt registration is essential to ensure your rights are protected within the class action framework. The process is straightforward and designed to facilitate participation without incurring any fees.

Next Steps to Participate

Should you decide to engage in this legal process, the Gross Law Firm offers portfolio monitoring software to keep you updated on the status of your case. Each participant will receive important updates as the class action progresses, affirming the firm's commitment to transparency and support for their clients.

The Role of the Gross Law Firm

Recognized nationally for its commitment to protecting investor rights, the Gross Law Firm aims to hold companies accountable for any fraudulent or deceptive practices. Their mission is not only focused on legal recovery but also encompasses a broader goal of fostering responsible corporate behavior.

Contacting the Firm

For shareholders who seek further clarity or assistance regarding their situation, reaching out to the Gross Law Firm is encouraged. They offer direct lines of communication, including email and phone support, ensuring that all client inquiries are addressed thoroughly. This level of attention underscores their dedication to client service and legal advocacy.

Frequently Asked Questions

What is the deadline to register for the class action?

The deadline for shareholders to register for participation as a lead plaintiff is November 5, 2024.

Why should I register for the class action?

Registering allows you to potentially recover losses that may have resulted from the misleading statements made by the company during the class period.

What are the key allegations against Agenus Inc.?

The key allegations involve claims that the company overstated the effectiveness of its immuno-oncology products and failed to disclose relevant information to investors.

How will I be informed about the progress of my case?

The Gross Law Firm provides updates through a portfolio monitoring software after you register, keeping you informed throughout the litigation process.

What should I do if I have further questions?

If additional questions arise, reaching out directly to the Gross Law Firm via phone or their official email is highly recommended for personalized assistance.

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