AlloVir, Inc.

Ticker: ALVR

Class Period Start: 03/22/2022

Class Period End: 12/21/2023

Registration Deadline: 03/19/2024

A securities class action has been filed in the USDC MA. against AlloVir, Inc. (ALVR) (“AlloVir” or the “Company”), on behalf of all persons and entities that purchased or otherwise acquired AlloVir securities between March 22, 2022 and December 21, 2023, both dates inclusive (the “Class Period”).

 

AlloVir, a clinical-stage cell therapy company, engages in the research and development of allogeneic, off-the-shelf multi-virus specific T cell (“VST”) therapies to prevent and treat devastating viral-associated diseases.

 

The Complaint alleges that, throughout the Class Period, defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that:

 

(1) the posoleucel Phase 3 Studies were unlikely to meet their primary endpoints;

(2) as a result, it was likely that the Company would ultimately discontinue the posoleucel Phase 3 studies;

(3) accordingly, AlloVir overstated the efficacy and clinical and/or commercial prospects of posoleucel; and

(4) as a result, the Company’s public statements were materially false and misleading at all relevant times, thereby harming investors.

 

If you purchased AlloVir securities during the Class Period and would like to receive more information or join the action, please enter your contact information below for a FREE consultation and click “Submit Your Information”.

 

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