SHAREHOLDER ALERT: Class Action Lawsuit Filed on Behalf of Fate Therapeutics, Inc. (FATE) Investors - Nationally Ranked Investors' Rights Firm Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm

Atlanta, Georgia--(Newsfile Corp. - January 23, 2023) - Holzer & Holzer, LLC informs investors that a class action lawsuit has been filed against Fate Therapeutics, Inc. ("Fate Therapeutics" or the "Company") (NASDAQ: FATE). The lawsuit alleges Fate Therapeutics made materially false and/or misleading statements and/or failed to disclose material adverse facts, including: (i) the Janssen Collaboration Agreement was less sustainable than Fate had represented to investors; (ii) accordingly, certain clinical programs, milestone payments, and royalty payments associated with the Janssen Collaboration Agreement could not be relied upon as future revenue sources; (iii) as a result, Fate had overstated the impact of the Janssen Collaboration Agreement on Fate's long-term clinical and commercial profitability.

If you bought shares of Fate Therapeutics between April 2, 2020 and January 5, 2023 and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm's website at https://holzerlaw.com/case/fate-therapeutics/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is March 22, 2023.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content. 

CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/152189