BENSALEM, Pa., Aug. 5, 2024 – Investors who have placed their faith in Gritstone Bio (NASDAQ:GRTS) now face an unexpected turn of events. The Law Offices of Howard G. Smith are sounding the clarion call for those who have suffered significant losses, presenting them with the rare opportunity to take the lead in a securities fraud class action lawsuit against the company.

Class Period: March 9, 2023 – February 29, 2024

Lead Plaintiff Deadline: August 16, 2024

The allegations are grave. It is claimed that throughout the Class Period, Gritstone’s leadership withheld critical information from investors. They failed to disclose the inevitable delay in launching the Phase 2b CORAL Study, adversely impacting the company’s ability to secure external funding for the study. This omission not only jeopardized Gritstone’s financial health but also undermined its capacity to realize its product development and commercialization goals. Consequently, the upbeat statements made by the Defendants regarding the Company’s performance stand accused of being deceitful, set on shaky foundations of half-truths and rosy misrepresentation.

For those affected, a course of action hinges on the upcoming August 16, 2024 deadline for the Lead Plaintiff. To delve deeper into the nuances of this legal entanglement or to explore your rights in this context, reach out to the Law Offices of Howard G. Smith at 215-638-4847 or via email at howardsmith@howardsmithlaw.com.

It comes as a moment of pause – a juncture where each investor must decide their path forward. Standing idly is also a choice, maintaining a passive role as an absent member in the unfolding legal saga. The door to action remains wide open, allowing for the retention of counsel or opting for inertia, shaping the narrative as a silent spectator in the corridors of justice.

In jurisdictions where it applies, this press release is linked with Attorney Advertising based on prevailing laws and ethical guidelines.

Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com