Bragar Eagle & Squire, PC reminds investors of this class

Bragar Eagle & Squire, PC reminds investors of this class

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NEW YORK, Sept. 26, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is reminding investors that class action lawsuits may be filed on behalf of shareholders of Enochian Biosciences, Inc. (NASDAQ: ENOB), Weber, Inc. (NYSE: WEBR), Coinbase Global, Inc. (NASDAQ: COIN) and Carvana Co. (NYSE: CVNA). Shareholders have until the deadlines below to petition the court to appear as lead plaintiffs. For more information on each case, see the link provided.

Enochian Biosciences, Inc. (NASDAQ:ENOB)

Class Period: January 17, 2018 – June 27, 2022

Lead Plaintiff Deadline: September 26, 2022

Enochian is a preclinical-stage biotechnology company purportedly discovering and developing pharmaceutical and biological products for the treatment of human immunodeficiency virus, hepatitis B virus, influenza and coronavirus infections, and cancer.

Enochian and its top management have recognized Serhat Gumrukcu (“Gumrukcu”), Enochian’s co-founder and largest shareholder, as the “genius” and “inventor” of the technology and science behind the Company’s product pipeline.

Enochian has multiple consulting and licensing agreements with G-Tech Bio, LLC, a California limited liability company (“G-Tech”), and the G Health Research Foundation, a California not-for-profit organization organized under the laws of California, doing business as Seraph Research Institute (β€œSRI”), both of which are controlled by Gumrukcu.

On May 25, 2022, the US Department of Justice announced that Gumrukcu had been arrested and charged with murder conspiracy.

As a result of this news, Enochian’s stock price fell $2.17 per share, or 36.97%, to close at $3.70 per share on May 25, 2022.

Then, on June 1, 2022, Hindenburg Research (“Hindenburg”) released a report on Enochian entitled “Miracle Cures and Murder For Hire: How A Spoon-Bending Turkish Magician Built A $600 Million Nasdaq-listed Scam Based On A Lifetime.” Of. ..

Continue to read on GlobeNewswire https://www.globenewswire.com/news-release/2022/09/27/2522916/0/en/Bragar-Eagel-Squire-P-C-Reminds-Investors-That-Class-Action-Lawsuits-Have-Been-Filed-Against-Enochian-Weber-Coinbase-and-Carvana-and-Encourages-Investors-to-Contact-the-Firm.html

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