{"id":799638,"date":"2025-01-10T16:18:49","date_gmt":"2025-01-10T21:18:49","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-bioage-labs-inc-nasdaq-bioa-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/"},"modified":"2025-01-10T16:18:49","modified_gmt":"2025-01-10T21:18:49","slug":"investor-alert-shareholder-class-action-lawsuit-filed-against-bioage-labs-inc-nasdaq-bioa-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-bioage-labs-inc-nasdaq-bioa-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/","title":{"rendered":"INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against BioAge Labs, Inc. (NASDAQ: BIOA); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">SAN DIEGO, Jan.  10, 2025  (GLOBE NEWSWIRE) &#8212; A class action lawsuit has been filed on behalf of all persons and entities who purchased BioAge Labs, Inc. (NASDAQ: BIOA) (\u201cBioAge\u201d or the \u201cCompany\u201d) common stock pursuant and\/or traceable to BioAge\u2019s registration statement for the initial public offering held on or about September 26, 2024 (the \u201cIPO\u201d), charging the Company and certain of its current senior executives and directors with violations of the federal securities laws (collectively, \u201cDefendants\u201d).\u00a0\u00a0<\/p>\n<p align=\"justify\">BioAge investors have until March 10, 2025 to seek appointment as lead plaintiff of the BioAge class action lawsuit.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>If you purchased BioAge common stock pursuant and\/or traceable to the registration statement for the Company\u2019s IPO<\/em><br \/>\n        <\/strong>, and you wish to obtain additional information or serve as lead plaintiff in this lawsuit, you may <strong><em>submit your information and contact us here: <\/em><\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1rthW9w3_-LHX-qLkVOOzD8Mha6kqyti8KRST5KGwSWVp91Dg4zg7IYjYR-hkbbgk0i7s0K_ulAaGoE7_5DNjOWEUEBEaTPtcW7wZrcvKkOGWnEBCUqR8utHvXXnEVbzQIOjaZBe7tbKl3-5NSrKBg==\" rel=\"nofollow\" target=\"_blank\">https:\/\/dicellolevitt.com\/securities\/bioage\/<\/a>.<\/p>\n<p align=\"justify\">You can also contact DiCello Levitt attorneys Brian O\u2019Mara or Ruben Pe\u00f1a by calling (888) 287-9005 or emailing <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sZ7NvLQox9IxbSl3uUmdmnCW8zne8Rb-vyR92oMJNz6iKdmM6qolEqUJ_bTVLz-u_CwACe72lRge9jDdvOwoKXlsSh3QyFtPhx2nCQJDoXnUxIPLXt7iIx6SoI3MnIN-\" rel=\"nofollow\" target=\"_blank\">investors@dicellolevitt.com<\/a>. Those who inquire by email are encouraged to include their mailing address, telephone number, and the number of shares purchased.<\/p>\n<p align=\"justify\">No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice.<\/p>\n<p>\n        <strong>Case Allegations<\/strong>\n      <\/p>\n<p align=\"justify\">BioAge is a clinical-stage biopharmaceutical company developing therapeutic product candidates for metabolic diseases by targeting the biology of human aging. The Company\u2019s main product candidate, azelaprag, is an oral drug that aims to treat obesity by targeting the apelin receptor to simulate certain biological benefits of exercise.<\/p>\n<p align=\"justify\">The BioAge lawsuit alleges that Defendants issued false and misleading statements and\/or concealed material adverse facts in the offering documents for the Company\u2019s IPO. In these offering documents, Defendants described the Company\u2019s ongoing STRIDES Phase 2 trial of azelaprag for enhanced weight loss as free of safety concerns. For example, BioAge stated in its final prospectus for the IPO that \u201c[a]zelaprag, our lead product candidate, is an orally available small molecule that<strong><em> has been well-tolerated in 265 individuals across eight Phase 1 clinical trials<\/em><\/strong>.\u201d<\/p>\n<p align=\"justify\">The truth began to emerge on December 6, 2024, just months after the IPO, when BioAge announced its decision to \u201cdiscontinue the ongoing STRIDES Phase 2 study of its investigational drug candidate azelaprag as monotherapy and in combination with tirzepatide\u201d after participants in the STRIDES Phase 2 clinical study experienced elevated levels of liver enzymes warning of potential organ damage, a condition known as transaminitis.<\/p>\n<p align=\"justify\">On this news, the price of BioAge stock plummeted by $15.44 per share, or more than 76%. By the time the BioAge lawsuit was filed, the Company\u2019s stock was trading around $5.36 per share, reflecting a significant drop from its IPO price of $18 per share.<\/p>\n<p align=\"justify\">\n        <strong>About DiCello Levitt<\/strong>\n      <\/p>\n<p align=\"justify\">At DiCello Levitt, we are dedicated to achieving justice for our clients through class action, business-to-business, public client, whistleblower, personal injury, civil and human rights, and mass tort litigation. Our lawyers are highly respected for their ability to litigate and win cases \u2013 whether by trial, settlement, or otherwise \u2013 for people who have suffered harm, global corporations that have sustained significant economic losses, and public clients seeking to protect their citizens\u2019 rights and interests. Every day, we put our reputations \u2013 and our capital \u2013 on the line for our clients.<\/p>\n<p align=\"justify\">DiCello Levitt has achieved top recognition as Plaintiffs Firm of the Year and Trial Innovation Firm of the Year by the <em>National Law Journal<\/em>, in addition to its top-tier <em>Chambers<\/em> and <em>Benchmark<\/em> ratings. The <em>New York Law Journal<\/em> also recently recognized DiCello Levitt as a Distinguished Leader in trial innovation. For more information about the Firm, including recent trial victories and case resolutions, please visit www.dicellolevitt.com.<\/p>\n<p align=\"justify\">Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p>\n        <strong>Media Contact<\/strong>\n      <\/p>\n<p align=\"justify\">Amy Coker<br \/>4747 Executive Drive, Suite 240<br \/>San Diego, CA 92121<br \/>619-963-2426<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=sZ7NvLQox9IxbSl3uUmdmnCW8zne8Rb-vyR92oMJNz6t5TBgl9rFOOHjxzfJO2f7Eju8bmQ2MKFxR-Doza_K9bxhDqylrgSeITinVrqKrhaj6Ycd_K2NAhtAhneGNlci\" rel=\"nofollow\" target=\"_blank\">investors@dicellolevitt.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMzMDE5OCM2Njg4OTg0IzIyNzUwODI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZTVhYzNiMDYtNjc5ZS00MjM4LTk2N2EtYTk2OWFhZTk0ZTExLTEyODY2MzI=\/tiny\/DiCello-Levitt-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN DIEGO, Jan. 10, 2025 (GLOBE NEWSWIRE) &#8212; A class action lawsuit has been filed on behalf of all persons and entities who purchased BioAge Labs, Inc. (NASDAQ: BIOA) (\u201cBioAge\u201d or the \u201cCompany\u201d) common stock pursuant and\/or traceable to BioAge\u2019s registration statement for the initial public offering held on or about September 26, 2024 (the \u201cIPO\u201d), charging the Company and certain of its current senior executives and directors with violations of the federal securities laws (collectively, \u201cDefendants\u201d).\u00a0\u00a0 BioAge investors have until March 10, 2025 to seek appointment as lead plaintiff of the BioAge class action lawsuit. If you purchased BioAge common stock pursuant and\/or traceable to the registration statement for the Company\u2019s IPO , and you wish to obtain additional &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-shareholder-class-action-lawsuit-filed-against-bioage-labs-inc-nasdaq-bioa-dicello-levitt-llp-encourages-investors-with-losses-to-discuss-their-options-with-counsel\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against BioAge Labs, Inc. (NASDAQ: BIOA); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-799638","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against BioAge Labs, Inc. 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(NASDAQ: BIOA); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN DIEGO, Jan. 10, 2025 (GLOBE NEWSWIRE) &#8212; A class action lawsuit has been filed on behalf of all persons and entities who purchased BioAge Labs, Inc. (NASDAQ: BIOA) (\u201cBioAge\u201d or the \u201cCompany\u201d) common stock pursuant and\/or traceable to BioAge\u2019s registration statement for the initial public offering held on or about September 26, 2024 (the \u201cIPO\u201d), charging the Company and certain of its current senior executives and directors with violations of the federal securities laws (collectively, \u201cDefendants\u201d).\u00a0\u00a0 BioAge investors have until March 10, 2025 to seek appointment as lead plaintiff of the BioAge class action lawsuit. If you purchased BioAge common stock pursuant and\/or traceable to the registration statement for the Company\u2019s IPO , and you wish to obtain additional &hellip; Continue reading &quot;INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against BioAge Labs, Inc. 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(NASDAQ: BIOA) (\u201cBioAge\u201d or the \u201cCompany\u201d) common stock pursuant and\/or traceable to BioAge\u2019s registration statement for the initial public offering held on or about September 26, 2024 (the \u201cIPO\u201d), charging the Company and certain of its current senior executives and directors with violations of the federal securities laws (collectively, \u201cDefendants\u201d).\u00a0\u00a0 BioAge investors have until March 10, 2025 to seek appointment as lead plaintiff of the BioAge class action lawsuit. If you purchased BioAge common stock pursuant and\/or traceable to the registration statement for the Company\u2019s IPO , and you wish to obtain additional &hellip; Continue reading \"INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against BioAge Labs, Inc. 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