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Cibus ALERT: Cibus, Inc. Investigated for Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm
CibusCibus(US:CBUS) GlobeNewswire News Roomยท2024-06-18 18:09

Core Viewpoint - Block & Leviton is investigating Cibus, Inc. for potential securities law violations following a report from Bonitas Research that raised concerns about the effectiveness of Cibus' gene-editing technology and its impact on crop yields [8]. Group 1: Investigation Details - Block & Leviton is looking into whether Cibus committed securities law violations and may file an action to recover losses for investors [5]. - Investors who have lost money in Cibus investments are encouraged to contact Block & Leviton for assistance [9]. - The investigation was prompted by allegations from Bonitas Research, which claimed that Cibus' technology does not deliver desirable new crops and highlighted farmer complaints regarding lower crop yields [8]. Group 2: Whistleblower Information - Individuals with non-public information about Cibus are encouraged to assist in the investigation or file a report with the SEC under the whistleblower program, potentially receiving rewards of up to 30% of any successful recovery [3]. Group 3: Company Background - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7].