An investigation on behalf of investors in bluebird bio Inc (NASDAQ:BLUE) shares over potential wrongdoing at bluebird bio Inc was announced.
San Diego, CA -- (SBWIRE) -- 12/24/2018 -- An investigation was announced over potential breaches of fiduciary duties by certain directors at bluebird bio.
Investors who purchased shares of bluebird bio Inc (NASDAQ:BLUE) and currently hold any of those NASDAQ:BLUE shares have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain bluebird bio directors breached their fiduciary duties and caused damage to the company and its shareholders.
On December 1, 2018, bluebird advised investors that it had "announced new long-term data from the completed Phase 1/2 Northstar (HGB-204) study of investigational LentiGlobin™ gene therapy in patients with transfusion-dependent ?-thalassemia (TDT) and from the ongoing Phase 1/2 HGB-206 study of LentiGlobin in patients with sickle cell disease (SCD) today at the 60th Annual Meeting of the American Society of Hematology (ASH)."
On December 3, 2018, an article was published noting that these "results were lower than initial data reported a year ago indicating a lower rate of production of anti-sickling hemoglobin."
Those who purchased shares of bluebird bio Inc (NASDAQ:BLUE) have certain options and should contact the Shareholders Foundation.
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