MacroGenics, Inc. Class Action Lawsuit - MGNX

Company
MacroGenics, Inc. (NASDAQ: MGNX)
Lead Plaintiff Deadline
September 24, 2024 (Expired)
Class Period
March 7, 2024 - May 9, 2024

Expired

Lead Plaintiff Deadline

Sep 24, 2024

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Allegations

During the class period, Defendants made material misrepresentations about the safety data from its TAMARACK Phase 2 study of vobramitamab duocarmazine. On May 9, 2024, the investing public learned that the drug was significantly more dangerous than defendants had previously represented. Following this news, MGNX’s stock declined 77.4% due to a drop of $11.36/share.

Eligibility

In order to be eligible to join the MGNX class action lawsuit, you must have incurred a loss on shares of MacroGenics purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in MacroGenics during the relevant time frame or pursuant to the relevant offering(s), you have until September 24, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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