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

February 01, 2023 12:50 PM EST | Source: Holzer & Holzer LLC

Atlanta, Georgia--(Newsfile Corp. - February 1, 2023) - Holzer & Holzer, LLC informs investors that a class action lawsuit has been filed against Invivyd, Inc. ("Invivyd" or the "Company") f/k/a Adagio Therapeutics, Inc. (NASDAQ: IVVD). The lawsuit alleges Invivyd made materially false and/or misleading statements and/or failed to disclose material adverse facts, including: (a) that the published epitope mapping, structural studies, and sequence analyses which defendants had used to claim its product, ADG20, was effective against Omicron were insufficient, unreliable, and inadequate to make claims of effectiveness of ADG20 against Omicron; (b) that defendants' claims regarding ADG20's efficacy against Omicron lacked a reasonable factual basis; and (c) that ADG20 was over 300 times less effective against the Omicron variant as compared to its effectiveness against previous variants.

If you bought shares of Invivyd between November 29, 2021 and December 14, 2021 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/invivyd/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is April 3, 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/153219

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