Long Term Investors in Bolt Biotherapeutics, Inc. (NASDAQ: BOLT) should contact the Shareholders Foundation in connection with Investigation

An investigation was announced for current long-term investors in shares of Bolt Biotherapeutics, Inc. (NASDAQ: BOLT) concerning potential breaches of fiduciary duties by certain directors and officers of Bolt Biotherapeutics, Inc..

Investors who are current long term investors in Bolt Biotherapeutics, Inc. (NASDAQ: BOLT) 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: BOLT stocks follows a lawsuit filed against Bolt Biotherapeutics, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: BOLT stocks, concerns whether certain Bolt Biotherapeutics, 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 Northern District of California the plaintiff alleges that , the Defendants made false and/or misleading statements and/or failed to disclose that BDC-1001 was less effective than the Company had represented to investors and was in fact unlikely to meet its pre-defined success criteria, that accordingly, Defendants overstated the clinical and/or commercial prospects of Bolt's product pipeline, on which the Company primarily relies to sustain its business model, that all of the foregoing subjected the Company to a heightened risk of disruptive leadership transitions and substantial workforce reduction, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Bolt Biotherapeutics, Inc. (NASDAQ: BOLT) 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.