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-0.00137174211248295 -2.7434842249715E-05 -0.00135802469135803 -0.00135802469135803 -0.00411522633744859 -0.00137174211248295 -0.00685871056241436 -0.00685871056241436
Stock impact report

ImmunityBio, Inc. (IBRX) Faces Securities Class Action Amid FDA Warning Regarding Unsupported Cancer Treatment Claims, $2 Billion Market Capitalization Wiped Out -- Hagens Berman

ImmunityBio, Inc. (IBRX) 
Company Research Source: GlobeNewswire
SAN FRANCISCO, April 02, 2026 (GLOBE NEWSWIRE) -- ImmunityBio, Inc. (NASDAQ: IBRX) faces a securities class action lawsuit which seeks to represent investors who purchased or otherwise acquired ImmunityBio securities between January 19, 2026 and March 24, 2026. The lawsuit follows news that the FDA sent a warning letter to the company concerning claims made by its executive chairman and Chief Scientific and Medical Officer (Dr. Patrick Soon-Shiong) regarding ImmunityBio’s lead biologic product (Anktiva), which the FDA said were misleading efficacy claims. This news drove the price of ImmunityBio shares down over 21% on March 24, 2026. The developments have prompted national shareholders rights firm Hagens Berman to investigate claims that ImmunityBio violated the federal securities laws. The firm urges investors in ImmunityBio who suffered significant losses to submit your losses now. The firm also encourages witnesses who may be able to assist in the investigation to contact it Show less Read more
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