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Investigation announced for Long-Term Investors in shares of Fulcrum Therapeutics, Inc. (NASDAQ: FULC)

09-05-2023 08:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Fulcrum Therapeutics, Inc. (NASDAQ: FULC) shares.

An investigation on behalf of current long term investors in Fulcrum Therapeutics, Inc. (NASDAQ: FULC) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors of Fulcrum Therapeutics, Inc.

Investors who are current long term investors in Fulcrum Therapeutics, Inc. (NASDAQ: FULC) shares, 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 for current long term investors in NASDAQ: FULC stocks follows a lawsuit filed against Fulcrum Therapeutics, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: FULC stocks, concerns whether certain Fulcrum Therapeutics, Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the District of New Jersey the plaintiff alleges that, the Defendants made false and/or misleading statements and/or failed to disclose that the preclinical data submitted in support of FTX-6058 showed safety concerns regarding potential hematological malignancies, that the foregoing safety concerns increased the likelihood that the FDA would place a clinical hold on preclinical studies of FTX-6058, that accordingly, the Company had overstated FTX-6058's clinical and/or commercial prospects, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Fulcrum Therapeutics, Inc. (NASDAQ: FULC) 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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