Los Angeles, California--(Newsfile Corp. - April 1, 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
info@schallfirm.com
SOURCE:
The Schall Law Firm
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/118934
