Press release
Deadline on January 4th coming up in Lawsuit for Investors in Silverback Therapeutics, Inc. (NASDAQ: SBTX)
A Deadline is coming up on January 4, 2022 in the lawsuit for certain investors in Silverback Therapeutics, Inc. (NASDAQ: SBTX).
Investors who purchased shares of Silverback Therapeutics, Inc. (NASDAQ: SBTX) have certain options and there are strict and short deadlines running. Deadline: January 4, 2022. NASDAQ: SBTX stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Western District of Washington the plaintiff alleges on behalf of purchasers of Silverback Therapeutics, Inc. (NASDAQ: SBTX) common shares , that the defendants violated Federal Securities Laws.
More specifically, the plaintiff claims that the Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation
Additionally, the plaintiff claims that between December 3, 2020 and September 10, 2021, the Defendants made false and/or misleading statements and/or failed to disclose that Silverback’s lead product candidate SBT6050 was less effective than the Company had represented to investors, that accordingly, the Company had overstated SBT6050’s commercial and/or clinical prospects, and that as a result, the Offering Documents and Defendants’ public statements between December 3, 2020 and September 10, 2021were materially false and/or misleading and failed to state information required to be stated therein.
Those who purchased shares of Silverback Therapeutics, Inc. (NASDAQ: SBTX) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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