Reminder for Intellia Investors: Levi & Korsinsky Class Action Lawsuit – ABC NEWS10

Intellia Investors are being reminded by Levi & Korsinsky of the pending class action lawsuit with a lead plaintiff deadline of April 14, 2025. NTLA investors are urged to participate in the lawsuit to potentially recover their losses. The class action lawsuit is filed on behalf of investors who purchased Intellia Therapeutics, Inc. stock between May 11, 2021, and February 15, 2022. The lawsuit alleges that Intellia failed to disclose certain information that ultimately led to inflated stock prices.

Investors are encouraged to join the lawsuit to seek monetary compensation for their losses. It is essential for investors who meet the criteria to participate in the lawsuit before the upcoming deadline to ensure they have the opportunity to recover damages. By participating in the class action lawsuit, investors can hold Intellia accountable for any misleading or false information that may have impacted the stock’s value.

The lawsuit revolves around allegations that Intellia misled investors by failing to disclose that its CRISPR/Cas9 technology, which is used in gene-editing applications, was not as effective as claimed. This lack of disclosure allegedly caused Intellia’s stock price to be artificially inflated. When this information came to light, the stock price plummeted, resulting in financial losses for investors who had purchased shares during the specified period.

Investors who purchased Intellia stock between May 11, 2021, and February 15, 2022, may be eligible to participate in the class action lawsuit. By joining the lawsuit, investors can seek to recover their losses stemming from any alleged securities law violations. It is crucial for affected investors to take action before the April 14, 2025, deadline to secure their involvement in the case.

Levi & Korsinsky is dedicated to helping investors navigate the legal process and seek justice for any potential wrongdoing. The law firm specializes in representing investors in securities litigation, including class action lawsuits. Investors who believe they may have a claim against Intellia are encouraged to contact Levi & Korsinsky to learn more about their legal options and how they can participate in the ongoing lawsuit.

Investors who believe they suffered financial losses as a result of investing in Intellia are urged to take action before the upcoming deadline. By participating in the class action lawsuit, investors have the opportunity to hold Intellia accountable for any alleged misconduct that may have impacted the stock price. Levi & Korsinsky is committed to helping investors seek justice and recover potential damages resulting from securities law violations.