Press release
Investigation announced for Investors who hold shares of Zenas BioPharma, Inc. (NASDAQ: ZBIO) over potential Wrongdoing
An investigation on behalf of current long term investors in Zenas BioPharma, Inc. (NASDAQ: ZBIO) shares.
Investors who are current long term investors in Zenas BioPharma, Inc. (NASDAQ: ZBIO) 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 investors in NASDAQ: ZBIO stocks follows a lawsuit filed against Zenas BioPharma, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: ZBIO stocks, concerns whether certain Zenas BioPharma, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to the complaint the plaintiff alleges on behalf of purchasers of Zenas BioPharma, Inc. (NASDAQ: ZBIO) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the Registration Statement that was filed in connection with Zenas BioPharma's September 2024 IPO contained false and/or misleading statements and/or failed to disclose that Zenas BioPharma materially overstated the amount of time it would be able to fund its operations using existing cash and expected net proceeds from the IPO, and that as a result, defendants' public statements were materially false and misleading at all relevant times and negligently prepared.
Those who purchased shares of Zenas BioPharma, Inc. (NASDAQ: ZBIO) 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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