Investor Action Notice: The Schall Law Firm Encourages Investors in Shattuck Labs, Inc. with Losses of $100,000 to Contact the Firm
Los Angeles - (NewMediaWire) - February 03, 2022 - The Schall Law
Firm, a national
shareholder rights litigation firm, announces the filing of a class action
lawsuit against Shattuck Labs, Inc. (“Shattuck” or “the Company”) (NASDAQ: STTK) for violations of the federal securities laws.
Investors who
purchased the Company's shares pursuant and/or traceable to the Company’s
initial public offering conducted in October 2020 (the “IPO”), or between October
9, 2020 and November 9, 2021, inclusive (the “Class Period”), are encouraged to
contact the firm before April 1, 2022.
If you are a
shareholder who suffered a loss, click here to participate.
We also encourage you
to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite
2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of
charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class, in this
case, has not yet been certified, and until certification occurs, you are not
represented by an attorney. If you choose to take no action, you can remain an
absent class member.
According to the
Complaint, the Company made false and misleading statements to the market.
Shattuck’s Collaboration Agreement with Takeda was in fact not on a solid
basis. The companies would “mutually agree” to terminate the Collaboration
Agreement after about one year. The Company was therefore not eligible for
additional milestone payments, royalties, and other forms of payment from
Takeda. Based on this news, the Company’s public statements were false and
materially misleading throughout the IPO and class period. When the market
learned the truth about Shattuck, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm
represents investors around the world and specializes in securities class
action lawsuits and shareholder rights litigation.
This press release may
be considered Attorney Advertising in some jurisdictions under the applicable
law and rules of ethics.
CONTACT:
The Schall
Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
SOURCE:
The Schall Law Firm
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