MGX Investors Have Opportunity to Lead Metagenomi, Inc. Securities Fraud Lawsuit – Metagenomi (NASDAQ:MGX)

JJ Bounty

LOS ANGELES, Nov. 12, 2024 /PRNewswire/ — Glancy Prongay & Murray LLP (“GPM”) announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Metagenomi, Inc. (“Metagenomi” or the “Company”) MGX.

Class Period: February 2024 IPO
Lead Plaintiff Deadline: November 25, 2024

If you wish to serve as lead plaintiff of the Metagenomi lawsuit, you can submit your contact information at www.glancylaw.com/cases/Metagenomi-Inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Metagenomi’s collaboration with Moderna would not extend into the future but instead terminate in the immediate future; and (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Follow us for updates on LinkedIn, Twitter, or Facebook.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

See also  Vuzix Unveils M400 Xtreme Smart Glasses for Challenging Workplaces The Revolutionary M400 Xtreme Smart Glasses Unveiled

Vuzix introduces the M400 Xtreme Smart Glasses, a breakthrough technology designed for harsh workplace environments.

A Game-Changer for Work Environments

The M400 Xtreme has redefined the standards for smart glasses, featuring a wide range of operating temperatures and the Xtreme Weather power bank that enhances durability and functionality.

Enhanced Functionality for Remote Work

With superior battery capacity and improved ergonomics, the M400 Xtreme is tailored for remote support in challenging conditions, making it ideal for field service assignments and warehouse duties.

Introducing the Collaboration Package

Vuzix announces a Collaboration Package with free access to popular AR communication tools for M400 users, facilitating seamless connectivity and collaboration for remote teams.

Continuous Improvements

Paul Travers, President and CEO of Vuzix, emphasized the relentless pursuit of enhancing the M400 with features based on customer feedback, showcasing the commitment to meeting evolving user needs.

Secure your M400 Xtreme Kit here.

About Vuzix Corporation

Vuzix, a pioneer in Smart Glasses and AR technologies, continues to innovate across various markets with its range of cutting-edge products. With a rich history of awards and innovations, Vuzix remains at the forefront of wearable display technology.

For more information, visit the Vuzix website.

Vuzix Unveils M400 Xtreme Smart Glasses for Rugged Work Environments Vuzix Unveils M400 Xtreme Smart Glasses for Rugged Work Environments

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

Contacts 
Glancy Prongay & Murray LLP, Los Angeles
Charles Linehan, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mgx-investors-have-opportunity-to-lead-metagenomi-inc-securities-fraud-lawsuit-302303263.html

SOURCE Glancy Prongay & Murray LLP

Market News and Data brought to you by Benzinga APIs