New York, New York – (Newsfile Corp. – July 12, 2021) – Klein law firm announces that a class action lawsuit has been filed on behalf of shareholders of Frequency Therapeutics, Inc. (NASDAQ: FREQ) alleging that the company violated federal securities laws.
Class period: November 16, 2020 and March 22, 2021
Lead applicant’s deadline: August 2, 2021
No obligation or cost to you.
Learn more about your recoverable losses in FREQ:
Frequency Therapeutics, Inc. NEWS – FREQ NEWS
CLASS ACTION CASE DETAILS: The complaint filed alleges that Frequency Therapeutics, Inc. made materially false and / or misleading statements and / or did not disclose that: the results of the Company‘s Phase 2a trial did not meet expectations of the Company because the results showed no difference 322 and the placebo. Despite the disappointing results, the Company continued to conduct the Phase 2a study while issuing positive statements in earnings calls, press releases, SEC filings and pharmaceutical presentations on the potential of FX- 322. These statements significantly misled the market and artificially inflated the value of Frequency’s common stock.
WHAT THIS MEANS FOR YOU AS A SHAREHOLDER: If you have experienced a loss in frequency therapy, you have up to August 2, 2021 apply to the court for principal applicant status. Your ability to participate in any recovery does not require you to serve as the principal applicant.
NO COT FOR YOU: If you purchased securities of Frequency Therapeutics during the relevant period, you may be entitled to compensation without payment of out-of-pocket expenses.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For more information on the FREQ pursuit, please contact J. Klein, Esq. by phone at 212-616-4899 or click on this link.
ABOUT THE KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigation involving financial fraud nationwide. Klein Law Firm is a litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced lawyers have achieved superior results for our clients with a personalized approach. Lawyer advertising. Past results do not guarantee similar results.
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
New York, New York 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90065