Energy News / Shareholders Foundation, Inc.

NASDAQ:BLCM Shareholder Alert: Lawsuit Alleges Misleading Statements by Bellicum Pharmaceuticals Inc

Via: ReleaseWire

Updated 11:30 AM CST, Tue, February 20,2018

A lawsuit was filed on behalf of investors in Bellicum Pharmaceuticals Inc (NASDAQ:BLCM) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 02/20/2018 -- An investor, who purchased shares of Bellicum Pharmaceuticals Inc (NASDAQ:BLCM), filed a lawsuit in over alleged Securities Laws violations by Bellicum Pharmaceuticals Inc.

Investors who purchased shares of Bellicum Pharmaceuticals Inc (NASDAQ:BLCM) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On January 30, 2018, post-market, Bellicum Pharmaceuticals Inc announced "that the Company has received notice from the U.S. Food and Drug Administration (FDA) that U.S. studies of BPX-501", Bellicum Pharmaceuticals Inc's lead product candidate, "have been placed on a clinical hold following three cases of encephalopathy deemed as possibly related to BPX-501." Shares of Bellicum Pharmaceuticals Inc (NASDAQ:BLCM) declined to as low as $5.42 per share on February 6, 2018.

The plaintiff claims that between May 8, 2017, and January 30, 2018, the Defendants made false and/or misleading statements and/or failed to disclose that a substantial undisclosed risk of encephalopathy was associated with the Company's lead product candidate BPX-501, and that as a result of the foregoing, Bellicum's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Bellicum Pharmaceuticals Inc (NASDAQ:BLCM) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqblcm-shareholder-alert-lawsuit-alleges-misleading-statements-by-bellicum-pharmaceuticals-inc-935360.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com