IBRX - Investigation of ImmunityBio Inc. (IBRX) Announced by Holzer & Holzer LLC

ATLANTA, May 18, 2023 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether ImmunityBio, Inc. (“ImmunityBio,”?or the “Company”) (NASDAQ: IBRX) complied with federal securities laws. On May 11, 2023, ImmunityBio disclosed that it received a complete response letter from the FDA on May 9, 2023. The letter indicates that the FDA has determined that it would not approve the Biologics License Application (“BLA”) for its product candidate, Anktiva™ (N-803), in its present form.  Following this news, the price of the Company’s stock dropped.

If you purchased ImmunityBio stock and suffered?a?loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com , call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/immunitybio/ to discuss your legal rights.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.?More information about the firm is available through its website, www.holzerlaw.com ,?and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.

CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com