SAN DIEGO, June 04, 2024 (GLOBE NEWSWIRE) — Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by Cibus, Inc. (NASDAQ: CBUS ). We examine whether the company or its executives failed to disclose material information to investors that resulted in the loss of their investments. If you purchased Cibus securities and suffered a loss, we encourage you to join our investigation to potentially file claims and redress under federal securities laws.
What if I buy Cibus securities? If you believe you may have a potential claim against Cibus and would like to participate in the investigation or learn more about your legal rights and options, please contact Johnson Fistel, LLP at (619) 814-4471 or click here to join the investigation online. There is no cost or obligation to you.
Click here to join the investigation
What is Johnson Fistel investigating? On June 4, 2024, Bonitas Research issued a brief and raised significant concerns about Cibus and its operations, alleging that insiders benefited from inflated stock valuations in 2023 following the reverse merger, necessitating a thorough investigation into the discrepancy between actual value. Intangible assets and stock prices paid to insiders.
Following the news, Cibus shares fell 10% in afternoon trading on June 4, 2024.
What if I have relevant non-public information? Individuals with nonpublic information about a company should consider assisting our investigation or using the SEC Whistleblower Program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive awards of up to thirty percent of successful recoveries made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@johnsonfistel.com.
About Johnson Fistel, LLP | Best Law Firm, Securities Fraud, Investor Rights:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class actions. We also extend our services to foreign investors who have purchased on US exchanges. Stay up-to-date on stock market downturns and learn how Johnson Fistel, LLP can help you recover your losses. For more information about the firm and its lawyers, please visit http://www.johnsonfistel.com.
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Johnson Fistel, LLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
jimb@johnsonfistel.com or fjohnson@johnsonfistel.com
