Iovance Biotherapeutics, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights
LOS ANGELES--(BUSINESS WIRE)--May 15, 2025--
The DJS Law Group announces that it is investigating claims on behalf of investors of Iovance Biotherapeutics, Inc. ('Iovance' or 'the Company') (NASDAQ: IOVA ) for violations of the securities laws.
INVESTIGATION DETAILS: The investigation focuses on whether the Company issued misleading statements and/or failed to disclose information pertinent to investors. Iovance released its financial results for the first quarter of 2025 on May 8, 2025. The Company's quarterly product revenue declined significantly from the previous period. The Company also slashed its revenue guidance for 2025 by over 40%. Shares of Iovance fell by more than 50% in intraday trading on May 8, 2025, and have not recovered in the following days.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250515406890/en/
CONTACT: David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email:[email protected]
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL
SOURCE: DJS Law Group
Copyright Business Wire 2025.
PUB: 05/15/2025 12:10 PM/DISC: 05/15/2025 12:09 PM
http://www.businesswire.com/news/home/20250515406890/en
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