Core Viewpoint - DJS Law Group is investigating claims against CARGO Therapeutics, Inc. for potential violations of securities laws following the discontinuation of a clinical study for its drug candidate firi-cel due to adverse patient events and unmet expectations regarding its benefit-risk profile [1][2]. Investigation Details - The investigation centers on whether CARGO issued misleading statements or failed to disclose critical information to investors [2]. - CARGO announced on January 29, 2025, that it would discontinue the FIRCE-1 Phase 2 clinical study for firi-cel, which was intended for treating large B-cell lymphoma (LBCL) [2]. - The decision to halt the study was influenced by the number of adverse events experienced by patients and the data not meeting the company's expectations for a competitive benefit-risk profile [2]. DJS Law Group's Focus - DJS Law Group aims to enhance investor returns through balanced counseling and aggressive advocacy, specializing in securities class actions, corporate governance litigation, and M&A appraisals [3]. - The firm represents some of the largest hedge funds and alternative asset managers globally, emphasizing the value of litigation claims as significant assets [3].
CARGO Therapeutics, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - CRGX