Class Action Reports

BLUE Class Action: Learn About the bluebird Lawsuit

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February 17, 2021

Levi & Korsinsky, LLP announces that a BLUE class action lawsuit has been filed on behalf of investors who purchased bluebird bio, Inc. (BLUE) securities between May 11, 2020 and November 4, 2020 For more on the BLUE Lawsuit please contact us today.

 

According to the bluebird lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) data supporting bluebird’s BLA submission for LentiGlobin for SCD was insufficient to demonstrate drug product comparability; (ii) Defendants downplayed the foreseeable impact of disruptions related to the COVID-19 pandemic on the Company’s BLA submission schedule for LentiGlobin for SCD, particularly with respect to manufacturing; (iii) as a result of all the foregoing, it was foreseeable that the Company would not submit the BLA for LentiGlobin for SCD in the second half of 2021; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

 

TO LEARN MORE ABOUT THE BLUE CLASS ACTION LAWSUIT, CLICK HERE

 

If you suffered a loss in bluebird you have until April 13, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

 

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com