Investors holding shares of Fate Therapeutics, Inc. (NASDAQ:FATE)…

Investors holding shares of Fate Therapeutics, Inc. (NASDAQ:FATE)…

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SAN DIEGO, Feb. 07, 2023 (GLOBE NEWSWIRE) — The Shareholders Foundation, Inc. announces that a lawsuit is pending against certain investors in Fate Therapeutics, Inc. stock. FATE.

Investors who own Fate Therapeutics, Inc. FATE Shares held prior to April 2, 2020 and continue to hold any of these NASDAQ: FATE stocks also have certain options and should contact the Shareholders Foundation at mail@aktionärsstiftung.com or call +1(858) 779-1554.

On January 21, 2023, a lawsuit was filed against Fate Therapeutics, Inc. alleging violations of securities laws. Plaintiff alleged that Defendants made false and/or misleading statements and/or failed to disclose that the Janssen Collaboration Agreement was less sustainable than Fate had represented to investors that certain clinical programs, milestone payments and royalties were associated with it accordingly Janssen Collaboration Agreement could not be considered as a future source of income, that Fate had consequently overstated the impact of the Janssen Collaboration Agreement on Fate’s long-term clinical and commercial viability, and that the Company’s public statements were materially incorrect and misleading at all relevant times.

Those who Fate Therapeutics, Inc. FATE Shares please contact the Shareholders Foundation, Inc.

CONTACT:
Shareholder Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@aktionärsstiftung.com
3111 Camino Del Rio North
episode 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement filing service that conducts research on shareholder matters and keeps investors informed of securities class actions, settlements, judgments and other stock/financial market legal news. The Shareholders Foundation, Inc. is not a law firm. All cases referred to, investigations and/or settlements are not filed/initiated/achieved and/or are not related to Shareholders…



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