Ocgn news
4/25/2024 07:00am
Here is the relevant news and analysis:1. Pomerantz Law Firm Class Action: Pomerantz Law Firm has filed a class action lawsuit against Ocugen, Inc. (OCGN) for potential securities fraud. Investors are urged to contact the firm regarding their purchases between January 1, 2020, and April 1, 2024. The lawsuit alleges misstatements in financial reports and inadequate internal controls.2. Bronstein, Gewirtz & Grossman LLC Class Action: Bronstein, Gewirtz & Grossman LLC is leading a class action lawsuit against Ocugen, Inc. (OCGN) for alleged securities fraud between May 8, 2020, and April 1, 2024. The lawsuit claims misleading statements and inadequate internal controls, leading to investor losses. Investors can join the case at bgandg.com/OCGN.3. Class Period and Lead Plaintiff: The class period for both lawsuits is between May 8, 2020, and April 1, 2024. Investors are urged to act as lead plaintiffs, which could result in appointment by the court and significant involvement in the lawsuit.Analysis: The class action lawsuits against Ocugen, Inc. (OCGN) by Pomerantz Law Firm and Bronstein, Gewirtz & Grossman LLC allege significant financial misstatements and internal control issues. These lawsuits may lead to substantial financial implications for Ocugen, Inc. and its investors. Investors are advised to monitor the legal developments closely, as the outcomes could impact their investment decisions. The lead plaintiff appointments may also influence the direction of the lawsuits and the potential recovery for affected investors.