NEW YORK, April 1, 2022 /PRNewswire/ -- Jakubowitz Law
announces that a securities fraud class action lawsuit has
commenced on behalf of shareholders of Shattuck Labs, Inc. (NASDAQ: STTK).
To receive updates on the lawsuit, fill out the
form:
https://claimyourloss.com/securities/shattuck-labs-inc-loss-submission-form/?id=25379&from=4
This lawsuit is on behalf of persons or entities who purchased
or otherwise acquired publicly traded Shattuck securities: (1)
pursuant and/or traceable to the registration statement and related
prospectus issued in connection with Shattuck's October 2020 initial public offering; and/or (2)
between October 9, 2020 and
November 9, 2021, inclusive.
Shareholders interested in acting as a lead plaintiff
representing the class of wronged shareholders have until
April 1, 2022 to petition the
court. Your ability to share in any recovery doesn't require that
you serve as a lead plaintiff.
According to a filed complaint, Shattuck
Labs, Inc. issued materially false and/or misleading
statements and/or failed to disclose that: (1) the collaboration
agreement with Takeda was not solid; (2) Takeda and Shattuck would
"mutually agree" to terminate the collaboration agreement in
essentially one year; (3) as a result, Shattuck would cease to
receive any future milestone, royalty, or other payments from
Takeda; and (4) as a result, defendants' statements about the
Company's business, operations, and prospects were materially false
and misleading and/or lacked a reasonable basis at all relevant
times.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities fraud. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law