Investigation announced for Long-Term Investors in shares of Caribou Biosciences, Inc. (NASDAQ: CRBU) over possible Wrongdoing

An investigation was announced over possible breaches of fiduciary duties by certain directors and officers of Caribou Biosciences, Inc.

Investors who are current long term investors in Caribou Biosciences, Inc. (NASDAQ: CRBU) 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: CRBU stocks follows a lawsuit filed against Caribou Biosciences, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: CRBU stocks, concerns whether certain Caribou Biosciences, 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 statements and/or concealed that they had overstated CB-010's safety, efficacy, and durability relative to approved autologous CAR-T cell therapies in treating patients with r/r B-NHL and/or LBCL, as well as CB-010's overall clinical results and commercial prospects, that Caribou was at significant risk of having insufficient cash, liquidity, and/or other capital to fund its current business operations, including preclinical research activities associated with the allogeneic CAR-NK platform, that all the foregoing was likely to have a significant negative impact on Caribou's business and operations, and that as a result, defendants' public statements were materially false and misleading at all relevant times.

Those who purchased shares of Caribou Biosciences, Inc. (NASDAQ: CRBU) 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.