ReleaseWire

NASDAQ:IVVD Investor Notice: Deadline on April 3, 2023 in Lawsuit Against Invivyd, Inc. Coming Up

A Deadline is coming up on April 3, 2023 in the lawsuit for certain investors in Invivyd, Inc. (NASDAQ:IVVD) and Invivyd, Inc. (NASDAQ:IVVD) stockholders should contact the Shareholders Foundation.

Posted: Wednesday, March 15, 2023 at 11:00 AM CDT

San Diego, CA -- (SBWire) -- 03/15/2023 --A deadline is coming up on April 3, 2023 in the lawsuit filed for certain investors of Invivyd, Inc. (NASDAQ: IVVD) over alleged securities laws violations by Invivyd, Inc f.k.a. Adagio Therapeutics, Inc.

Investors who purchased shares of Invivyd, Inc. (NASDAQ: IVVD) have certain options and there are strict and short deadlines running. Deadline: April 3, 2023. NASDAQ: IVVD stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the District of Massachusetts the plaintiff alleges on behalf of purchasers of Invivyd, Inc. (NASDAQ: IVVD) common shares between November 29, 2021 and December 14, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 29, 2021 and December 14, 2021, the defendants failed to disclose that the published epitope mapping, structural studies, and sequence analyses which defendants had used to claim ADG20 was effective against the Omicron variant were insufficient, unreliable, and inadequate to make claims of effectiveness of ADG20 against Omicron, that that defendants' claims regarding ADG20's efficacy against Omicron lacked a reasonable factual basis, and that ADG20 was over 300 times less effective against the Omicron variant as compared to its effectiveness against previous variants.

Those who purchased shares of Invivyd, Inc. (NASDAQ: IVVD) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.