ALT - Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Altimmune Inc. (ALT) | Benzinga

LOS ANGELES, May 22, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming July 5, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Altimmune, Inc. ("Altimmune" or the "Company") (NASDAQ:ALT) securities between December 1, 2023 and April 26, 2024, inclusive (the "Class Period").

If you suffered a loss on your Altimmune investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Altimmune-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.

On February 13, 2024, Kerrisdale Capital published a report alleging, among other things, that "a deeper examination of Altimmune's data reveals a drug with little chance of competing against either the approved incumbents or the other GLP-1 agonists progressing through clinical trials." The report further stated that Altimmune's weight loss drug was "not good enough" to compete with Ozempic or Mounjaro, which have ...

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