Companies

Rosen Law Firm Urges MacroGenics Investors to Act Ahead of Class Action Deadline

Published July 31, 2024

Investor Notice: Securities Class Action Alert for MGNX Investors

Rosen Law Firm, recognized globally for its representation of investor rights, has recently announced the initiation of a class-action lawsuit. This legal action is on behalf of individuals who either purchased MacroGenics, Inc. MGNX stock, or sold puts during the period between March 7, 2024, and May 9, 2024. The lawsuit's inclusion period is marked by significant operational events at MacroGenics, a biopharmaceutical entity specializing in antibody-based cancer therapies, which may have had notable impacts on the company's stock performance.

Key Details on the MacroGenics Legal Challenge

The class action targets allegations that certain actions or misrepresentations by MacroGenics may have led to potential damages for investors who engaged with MGNX securities within the specified period. The counsel for the investors, Rosen Law Firm, is advocating for those affected to come forward and secure their legal representation prior to the approaching deadline, emphasizing the importance of timely action to preserve their rights within the securities class action framework.

About MacroGenics, Inc.

MGNX represents MacroGenics, Inc., headquartered in Rockville, Maryland. The company operates within the biopharmaceutical sector where it is committed to the discovery and development of innovative antibody-based treatments aimed at combating cancer. MacroGenics' strategic focus on advancing its therapeutic pipeline has positioned it at the forefront of medical breakthroughs in oncology.

Investment, Legal, Deadline