{"id":113980,"date":"2024-04-11T00:21:47","date_gmt":"2024-04-11T00:21:47","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=121280"},"modified":"2024-04-11T00:21:47","modified_gmt":"2024-04-11T00:21:47","slug":"rosen-nationally-regarded-investor-counsel-encourages-bluebird-bio-inc-investors-to-inquire-about-securities-class-action-investigation-blue","status":"publish","type":"post","link":"https:\/\/jordannewsgazette.com\/rosen-nationally-regarded-investor-counsel-encourages-bluebird-bio-inc-investors-to-inquire-about-securities-class-action-investigation-blue\/","title":{"rendered":"ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages bluebird bio Inc. Investors to Inquire About Securities Class Action Investigation \u2013 BLUE"},"content":{"rendered":"

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) —<\/p>\n

WHY:\u00a0<\/strong>Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of bluebird bio Inc. (NASDAQ: BLUE) resulting from allegations that bluebird may have issued materially misleading business information to the investing public.<\/p>\n

SO WHAT:<\/strong>\u00a0If you purchased bluebird securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.<\/p>\n

WHAT TO DO NEXT:\u00a0<\/strong>To join the prospective class action, go to\u00a0https:\/\/rosenlegal.com\/submit-form\/?case_id=23843<\/a>\u00a0or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\u00a0case@rosenlegal.com<\/a>\u00a0for information on the class action.<\/p>\n

WHAT IS THIS ABOUT:<\/strong>\u00a0On March 26, 2024, before the market opened, bluebird filed an 8-K with the SEC in which it announced, \u201c[o]n March 24, 2024, the Audit Committee of the Board of Directors (the \u201cAudit Committee\u201d) of the Company, based on the recommendation of management and after consultation with EY, concluded that the Company\u2019s previously-issued audited consolidated financial statements for each fiscal year beginning January 1, 2019 and its previously-issued unaudited interim condensed consolidated financial statements for each of the first three quarters in such years, as well as the associated earnings releases and investor presentations or other communications describing such financial statements, were materially misstated and, accordingly, should no longer be relied upon.\u201d<\/p>\n

On this news, bluebird\u2019s stock fell $0.16 per share, or 11.8%, to close at $1.20 per share on March 26, 2024.<\/p>\n

WHY ROSEN LAW:\u00a0<\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

Follow us for updates on LinkedIn:\u00a0https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter:\u00a0https:\/\/twitter.com\/rosen_firm<\/a>\u00a0or on Facebook:\u00a0https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

——————————–<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\ncase@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n

GlobeNewswire Distribution ID 9087732<\/p>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) \u2014 WHY:\u00a0Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of bluebird bio Inc. (NASDAQ: BLUE) resulting from allegations that bluebird may have issued materially misleading business information to the investing public. SO WHAT:\u00a0If you purchased bluebird securities [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,52,415],"tags":[],"yoast_head":"\nROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages bluebird bio Inc. 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