Shareholders Are Encouraged To Help The Schall Law Firm Investigate Metagenomi, Inc. For Possible Securities Fraud

LOS ANGELES, CA / ACCESSWIRE / September 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Metagenomi, Inc. ("Metagenomi" or "the Company") (NASDAQ:MGX) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Metagenomi conducted its initial public offering ("IPO") on February 12, 2024. The Company sold about 6.25 million shares at $15 per share as part of the IPO, but less than 2 months later the Company announced that it and Moderna had "mutually agreed to terminate their collaboration."

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

View the original press release on accesswire.com

COMTEX_458077339/2457/2024-09-23T11:02:58