san diego march 22 2022 globe newswire  the shareholders foundation inc announced that a lawsuit was filed for certain investors in cabaletta bio inc caba shares  investors who have losses of over 50000 from their investment in shares of cabaletta bio inc caba have certain options and there are short and strict deadlines running deadline april 29 2022 nasdaq caba investors should contact the shareholders foundation at mailshareholdersfoundationcom or call 1858 779  1554  on february 28 2022 a lawsuit was filed against cabaletta bio inc over alleged securities laws violations the plaintiff alleges that the offering documents that were filed in connection with the companys initial public offering conducted on or about october 24 2019 and that the defendants between october 24 2019 and december 13 2021 made false andor misleading statements andor failed to disclose that topline data of the phase 1 clinical trial indicated that dsg3caart had among other things worsened certain participants disease activity scores and necessitated additional systemic medication to improve disease activity after dsg3caart infusion that accordingly dsg3caart was not as effective as the company had represented to investors that therefore the company had overstated dsg3caarts clinical andor commercial prospects and that as a result the companys public statements were materially false and misleading at all relevant times  those who purchased shares of cabaletta bio inc caba should contact the shareholders foundation inc  contact shareholders foundation inc  michael daniels  1 858 7791554  mailshareholdersfoundationcom  3111 camino del rio north  suite 423  san diego ca 92108  the shareholders foundation inc is a professional portfolio legal monitoring and a settlement claim filing service which does research related to shareholder issues and informs investors of securities class actions settlements judgments and other legal related news to the stockfinancial market the shareholders foundation inc is not a law firm any referenced cases investigations andor settlements are not filedinitiatedreached andor are not related to shareholders foundation the information is only provided as a public service it is not intended as legal advice and should not be relied upon