CRGX ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by CARGO Therapeutics, Inc.
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Levi & Korsinsky has initiated an investigation into CARGO Therapeutics, Inc. (NASDAQ:CRGX) for potential securities fraud violations. This follows CARGO's decision to discontinue a Phase 2 clinical study, FIRCE-1, for a treatment targeting large B-cell lymphoma.
February 23, 2025 | 3:30 pm
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CARGO Therapeutics is under investigation for potential securities fraud after halting a Phase 2 clinical trial. This could lead to legal and financial repercussions, affecting investor confidence.
The investigation into potential securities fraud is significant as it could lead to legal actions and financial penalties. The discontinuation of a clinical trial suggests potential issues with the product pipeline, impacting investor confidence negatively.
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