Press release
Investigation announced for Long-Term Investors in shares of Design Therapeutics, Inc. (NASDAQ: DSGN)
An investigation on behalf of investors in Design Therapeutics, Inc. (NASDAQ: DSGN) shares over potential wrongdoing.
Investors who purchased shares of Design Therapeutics, Inc. (NASDAQ: DSGN) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Design Therapeutics, Inc. (directors breached their fiduciary duties and caused damage to the company and its shareholders.
Carlsbad, CA based Design Therapeutics, Inc. a preclinical-stage biopharmaceutical company, engages in the development of therapies for the treatment of genetic diseases caused by nucleotide repeat expansions. On or around March 24, 2021, Design Therapeutics, Inc. conducted its initial public offering ("IPO"), selling 12 million shares of stock priced at $20.00 per share.
Then, on December 7, 2022, Design Therapeutics, Inc. reported initial data from a Phase 1 trial of DT-216 in patients with Friedreich ataxia. Among other results, Design said 16 patients on DT-216 and eight on placebo reported at least one treatment-emergent adverse event.
Shares of Design Therapeutics, Inc. (NASDAQ: DSGN) declined from $24.85 per share on August 09, 2022, to as low as $6.94 per share on December 08, 2022.
Those who purchased shares of Design Therapeutics, Inc. (NASDAQ: DSGN) 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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