According to the lawsuit, the Registration Statement contained false and/or misleading statements and/or failed to disclose that:
- Zenas BioPharma materially overstated the amount of time that it would be able to fund its operations using existing cash and expected net proceeds from the IPO; and
- as a result, defendants public statements were materially false and misleading at all relevant times and negligently prepared.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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