FIXX LAWSUIT FILED: Jakubowitz Law Pursues Claims on Behalf of HOMOLOGY MEDICINES, INC. Shareholders
New York, New York--(Newsfile Corp. - May 23, 2022) - Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Homology Medicines, Inc. (NASDAQ: FIXX).
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Affected shareholders purchased shares of FIXX between June 10, 2019 and February 18, 2022
Shareholders interested in representing the class of wronged shareholders have until May 24, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Homology Medicines, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company had overstated the efficacy and risk mitigation of its lead product candidate, HMI-102; (ii) accordingly, it was unlikely that the Company would be able to commercialize HMI102 in its present form; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/125037