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ANRO INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Alto Neuroscience, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

1. A class action lawsuit has been filed against Alto Neuroscience, Inc. (ANRO). 2. Allegations include false statements regarding ALTO-100's effectiveness and company prospects. 3. Class period covers purchases from February 2, 2024, to October 22, 2024. 4. Investors can join the lawsuit which seeks damages for investors. 5. Lawsuit may affect the stock price due to regulatory scrutiny.

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FAQ

Why Very Bearish?

The lawsuit indicates severe mismanagement or malfeasance, leading to significant potential financial loss. Historical examples like Valeant Pharmaceuticals show how class actions can lead to drastic price declines.

How important is it?

The class action directly targets ANRO, affecting investor confidence and future capital and revenue prospects.

Why Short Term?

Immediate investor sentiment and stock price are likely to be influenced by the lawsuit and its developments.

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, /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Alto Neuroscience, Inc. ("Alto" or "the Company") (NYSE: ANRO) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired (1) Alto common stock pursuantand/or traceable to the Offering Documents issued in connection with the Company's initial public offering conducted on or about February 2, 2024 (the "IPO" or "Offering"); or (ii) Also securities between February 2, 2024, and October 22, 2024, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/ANRO. Case Details The Complaint alleges that, Defendants made materially false and misleading statements and/or failed to disclose that: (1) the Offering Documents were negligently prepared and contained untrue statements of material fact and/or omitted material facts necessary to make the statements made not misleading, and were not prepared in accordance with applicable rules and regulations; (2) ALTO-100 was less effective in treating major depressive disorder (MDD) than Defendants had led investors to believe; (3) as a result, ALTO-100's clinical, regulatory, and commercial prospects were overstated; (4) consequently, Alto's business and financial prospects were also overstated; and (5) as a result of the foregoing, the Company's public statements were materially false and misleading at all relevant times. What's Next? A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/ANRO or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Alto you have until September 19, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. There is No Cost to You We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful. Why Bronstein, Gewirtz & Grossman Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. Follow us for updates on LinkedIn, X, Facebook, or Instagram. Attorney advertising. Prior results do not guarantee similar outcomes. Contact Bronstein, Gewirtz & Grossman, LLCPeretz Bronstein or Nathan Miller332-239-2660 | [email protected] SOURCE Bronstein, Gewirtz & Grossman, LLC WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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