
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Jasper
âĒBy ADMIN
Related Stocks:JSPR
Faruqi & Faruqi, LLP, a national securitiesâlaw firm, has announced it is investigating possible claims against Jasper Therapeutics, Inc. (NASDAQ:âŊJSPR) on behalf of investors who purchased or acquired Jasper securities between NovemberâŊ30,âŊ2023 and JulyâŊ3,âŊ2025. The firm says the deadline to seek leadâplaintiff status in the federal securities class action is NovemberâŊ18,âŊ2025.
The complaint alleges that Jasper and its executives made false and/or misleading public statements (or omitted material facts) by failing to disclose: (i) that Jasper lacked appropriate controls and procedures to ensure that thirdâparty manufacturers complied with current Good Manufacturing Practice (cGMP) regulations in producing drugâproduct lots; (ii) that this deficiency increased the risk of confounded clinicalâtrial results, impairing the regulatory and commercial prospects of the companyâs drug candidate (briquilimab); (iii) that accordingly, Jasperâs business outlook and clinical/commercial prospects were overstated.
In its JulyâŊ7,âŊ2025 press release, Jasper disclosed that a specific drugâproduct lot used in its BEACON and ETESIAN studies appeared to have manufacturing issues: 10 of 13 patients in certain cohorts received that lot, the company paused study dosing, halted SCID development and announced costâcutting and restructuring measures to extend its cash runway beyond its previously claimed thirdâquarterâŊ2025 liquidity. Upon that news, the companyâs stock plunged approximately 55%.
Faruqi &âŊFaruqi invites affected shareholders, former employees, whistleâblowers or individuals with information regarding the companyâs conduct to contact the firm. Your decision whether to serve as lead plaintiff does not affect your right to share in any recovery.
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