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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in BioAge Labs, Inc. of Class Action Lawsuit and Upcoming Deadlines - BIOA

1. A class action lawsuit has been filed against BioAge Labs, Inc. 2. The lawsuit concerns potential securities fraud and unlawful business practices. 3. BioAge's stock dropped 76.85% following the termination of a drug study. 4. Investors can apply to be Lead Plaintiff in the class action until March 10, 2025. 5. Pomerantz LLP is known for corporate and securities class litigation.

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FAQ

Why Very Bearish?

The lawsuit stems from significant drops in stock price due to operational setbacks, indicating investor distrust. Previous instances show class actions often lead to further declines in stock value.

How important is it?

The potential liability from the lawsuit could drastically impact BioAge's financial health and market perception.

Why Short Term?

The immediate legal concerns will likely affect BIOA's stock in the near term, influencing investor sentiment.

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NEW YORK, Feb. 11, 2025

/PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against BioAge Labs, Inc. ("BioAge" or the "Company") (NASDAQ: BIOA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

The class action concerns whether BioAge and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

You have until March 10, 2025, to ask the Court to appoint you as Lead Plaintiff for the class if you are an investor who purchased or otherwise acquired BioAge securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.

Click here for information about joining the class action

On or around September 26, 2024, BioAge conducted its initial public offering ("IPO"), selling 12.65 million shares of common stock priced at $18.00 per share. Then, on December 6, 2024, BioAge announced that it would discontinue the ongoing STRIDES Phase 2 study of its investigational drug candidate azelaprag after liver transaminitis was observed in some subjects receiving azelaprag.

On this news, BioAge's stock price fell $15.44 per share, or 76.85%, to close at $4.65 per share on December 9, 2024.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Danielle Peyton

Pomerantz LLP

Email: [email protected]

Phone: 646-581-9980 ext. 7980

SOURCE Pomerantz LLP

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