NEW YORK, NY - (NewMediaWire) - October 03, 2024 - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against Shattuck Labs, Inc. (“Shattuck” or the “Company”) (NASDAQ: STTK).
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If you are a Shattuck investor and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing jcampisi@kaplanfox.com or by calling (212) 329-8571.
Headquartered in Austin, Texas, Shattuck operates as a clinical-stage biotechnology company, focusing on the development of biologic medicines for the treatment of cancer and autoimmune diseases.
On October 1, 2024, Shattuck disclosed in an 8-K filing with the Securities and Exchange Commission that they would be discontinuing their trial for SL-172154, a drug candidate in the treatment of Azacitidine (AZA) in frontline high-risk myelodysplastic syndromes (HR-MDS) and TP53 mutant (TP53m) acute myeloid leukemia (AML) patients. The Company also disclosed they would be cutting its staff by 40% and that a potentially lucrative license agreement with a Japanese pharmaceutical company would be terminated.
Following this news, Shattuck stock price fell $1.57 per share, nearly 45%, to close at $1.92 per share on October 1, 2024.
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If you have any questions about this investigation, please contact:
Jeffrey P. Campisi
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(212) 329-8571
jcampisi@kaplanfox.com
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com