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BioAge Labs (BIOA) Shares Plummet After Discontinuing Trial Just 2 Months After IPO - Hagens Berman

1. BioAge Labs faces a class-action lawsuit over misleading drug safety claims. 2. Shareholders allege losses due to misrepresentation before the IPO.

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FAQ

Why Very Bearish?

Class-action lawsuits can significantly harm stock value, as seen in previous similar cases.

How important is it?

The lawsuit directly challenges investor confidence, critical for a biopharmaceutical stock.

Why Short Term?

Initial stock reactions to lawsuits typically affect prices immediately.

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BMYAMGNINCY
SAN FRANCISCO, CA / ACCESS Newswire / January 28, 2025 / BioAge Labs (NASDAQ:BIOA), a biopharmaceutical company focused on metabolic diseases, is facing a class-action lawsuit from shareholders who allege the company misled investors about the safety and prospects of a key drug candidate before its initial public offering last September. Hagens Berman urges investors who purchased BioAge shares in the company's IPO or on the open market and suffered substantial losses to submit your losses now.

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