Finance

Halper Sadeh LLC Examines Potential Legal Breaches by GRCL, RYZB, and BMY

Published December 28, 2023

Halper Sadeh LLC, a firm specializing in investor rights, has announced investigations into several companies, including Gracell Biotechnologies Inc. GRCL, RayzeBio, Inc. RYZB, and Bristol Myers Squibb BMY. These inquiries are focused on determining whether these entities have violated federal securities laws or breached fiduciary duties owed to their shareholders.

Investigation into Gracell Biotechnologies Inc. GRCL

Gracell Biotechnologies Inc. GRCL, a clinical-stage biopharmaceutical firm based in Suzhou, China, is under scrutiny by Halper Sadeh LLC. Gracell's specialty lies in the discovery and development of cell therapies aimed at cancer treatment within the People's Republic of China. The investigation into Gracell Biotechnologies GRCL seeks to establish if there have been any breaches of fiduciary duties or other legal violations that could impact shareholder interests.

Investigation into RayzeBio, Inc. RYZB

Similarly, Halper Sadeh LLC is investigating RayzeBio, Inc. RYZB, a company dedicated to developing radiopharmaceutical therapeutics (RPT) for the treatment of cancer. With its headquarters in San Diego, California, RayzeBio's adherence to securities laws and the pursuits of its board in the interest of stakeholder rights is of particular interest in these legal examinations.

Investigation into Bristol Myers Squibb BMY

The American multinational pharmaceutical company Bristol Myers Squibb BMY, headquartered in New York City, is also subject to the law firm's investigation. Bristol Myers Squibb, a manufacturer of prescription pharmaceuticals and biologics across various therapeutic areas such as cancer, cardiovascular disease, and psychiatric disorders, among others, is being scrutinized for potential legal infractions concerning shareholder relations and securities compliance.

The outcomes of these investigations by Halper Sadeh LLC could have significant implications for the shareholders of these respective companies and the broader investment community. Investors are advised to monitor these developments closely.

Investigation, Securities, Shareholders