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Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Jasper Therapeutics, Inc. (JSPR)

1. A class action lawsuit alleges JSPR made misleading statements. 2. The lawsuit covers investors from November 2023 to July 2025. 3. Claims include manufacturing noncompliance affecting clinical trial results. 4. JSPR's business prospects, including briquilimab, are overstated. 5. Investors are urged to contact legal representatives promptly.

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Why Very Bearish?

The lawsuit indicates significant operational risks and potential financial misrepresentation. Historical precedents show that securities lawsuits can severely impact stock prices, as seen with similar biotech firms which faced litigation due to product noncompliance.

How important is it?

The article outlines significant allegations against JSPR that may affect stock performance drastically due to litigation risks. The high importance score reflects the serious implications of the lawsuit on investor confidence and trust in JSPR’s future.

Why Long Term?

The effects of legal proceedings typically unfold over time, influencing investor sentiment and company reputation. Companies have often faced extended recovery periods after lawsuits affecting product trust and operational credibility.

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BRQSPGENBCLI
NEW YORK, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all persons or entities who purchased or otherwise acquired Jasper Therapeutics, Inc. (“Jasper” or the “Company”) (NASDAQ: JSPR) securities between November 30, 2023 and July 3, 2025, inclusive (the “Class Period”). The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company lacked the controls and procedures necessary to ensure that the third-party manufacturers on which it relied were manufacturing products in full accordance with cGMP regulations and otherwise suitable for use in clinical trials; (ii) the foregoing failure increased the risk that results of ongoing studies would be confounded, thereby negatively impacting the regulatory and commercial prospects of the Company’s products, including briquilimab; (iii) the foregoing increased the likelihood of disruptive cost-reduction measures; (iv) accordingly, the Company’s business and/or financial prospects, as well as briquilimab’s clinical and/or commercial prospects, were overstated; and (v) as a result, Defendants’ public statements were materially false and misleading at all relevant times. Investors who purchased or otherwise acquired shares of Jasper should contact the Firm prior to the November 18, 2025 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at tjmckenna@gme-law.com or gegleston@gme-law.com. Please visit our website at http://www.gme-law.com for more information about the firm.

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