Investigation announced for Investors who lost money with shares of HilleVax, Inc. (NASDAQ: HLVX)

An investigation was announced for investors of HilleVax, Inc. (NASDAQ: HLVX) shares over potential securities laws violations by HilleVax, Inc.

Investors who purchased shares of HilleVax, Inc. (NASDAQ: HLVX), 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 focuses on possible claims on behalf of purchasers of the securities of HilleVax, Inc. (NASDAQ: HLVX) concerning whether a series of statements by HilleVax, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Boston, MA based HilleVax, Inc., a clinical-stage biopharmaceutical company, focuses on developing and commercializing novel vaccines in the United States.

On July 8, 2024, HilleVax, Inc. was the subject of a Fierce Biotech article. According to the article, "HilleVax's stock took a nosedive after the vaccine biotech's sole clinical-stage candidate failed a phase 2b trial in norovirus-related acute gastroenteritis (AGE)." The article continues, "The virus-like particle-based vaccine, dubbed HIL-214, missed all primary and secondary endpoints of the NEST-IN1 study of more than 2,800 infants aged about five months of age in the U.S. and Latin America."

Shares of HilleVax, Inc. (NASDAQ: HLVX) declined from $20.22 per share on March 04, 2024, to $1.55 per share on July 08, 2024.

Those who purchased shares of HilleVax, Inc. (NASDAQ: HLVX) 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.

This release was published on openPR.