CARGO Therapeutics, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - CRGX
January 29 2025 - 7:20PM
Business Wire
The DJS Law Group announces that it is investigating claims on
behalf of investors of CARGO Therapeutics, Inc. (“CARGO” or “the
Company”) (NASDAQ: CRGX) for violations of the securities laws.
INVESTIGATION DETAILS: The investigation focuses on
whether the Company issued misleading statements and/or failed to
disclose information pertinent to investors. A CARGO press release
dated January 29, 2025, indicates that it will discontinue FIRCE-1,
a Phase 2 clinical study of firi-cel, its drug candidate for the
treatment of large B-cell lymphoma (LBCL). The Company’s decision
is based on the number of adverse events suffered by patients,
combined with the fact that “the data generated so far does not
meet our expectations of a competitive benefit-risk profile for
patients in the context of available treatment options. Therefore,
we believe it is in the best interest of both patients and
shareholders to discontinue the study,”
If you are a shareholder who suffered a loss, contact us to
participate.
WHY DJS LAW GROUP? DJS Law Group’s primary focus is to
enhance investor return through balanced counseling and aggressive
advocacy. We specialize in securities class actions, corporate
governance litigation, and domestic/international M&A
appraisals. Our clients are some of the largest and most
sophisticated hedge funds and alternative asset managers in the
world. The litigation claims of our clients are extraordinarily
valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
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version on businesswire.com: https://www.businesswire.com/news/home/20250129483663/en/
David J. Schwartz DJS Law Group 274 White Plains Road, Suite 1
Eastchester, NY 10709 Phone: 914-206-9742 Email:
David@djslawllp.com
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