Class Action Filed Against Sana Biotechnology, Inc. (SANA) - May 20, 2025 Deadline to Join - Contact Levi & Korsinsky
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A class action lawsuit has been filed against Sana Biotechnology, Inc. alleging securities fraud between March 2023 and November 2024. The complaint claims the company made false statements about its financial capacity, product candidates' potential, and likelihood of maintaining current operations.
March 26, 2025 | 11:45 am
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Class action lawsuit alleges Sana misled investors about financial stability and product candidate prospects, potentially damaging investor trust and stock valuation.
The lawsuit alleges significant misrepresentations about Sana's financial condition and research pipeline, which could negatively impact investor perception and stock price. The specific claims about insufficient funds and potentially less promising product candidates could erode market confidence.
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