Investors Alert: Deadline Approaching in Brainstorm Cell Therapeutics Inc. BCLI Class Action Lawsuit

Investors are reminded of the impending deadline of January 2, 2024, to file a lead plaintiff motion in the class action lawsuit involving Brainstorm Cell Therapeutics Inc. BCLI. The lawsuit has been filed on behalf of investors who purchased or acquired BCLI securities and have been potentially affected by alleged company misdeeds. Brainstorm Cell Therapeutics Inc., a biotechnology firm based in New York, New York, is focused on developing innovative autologous cell therapies for the treatment of various neurodegenerative diseases.

Understanding the Class Action Suit

The class action suit targets allegations surrounding Brainstorm Cell Therapeutics Inc. and its operational practices. It seeks to represent investors who have incurred losses, urging them to come forward and assert their rights before the deadline. As the lead plaintiff deadline of January 2, 2024, approaches swiftly, Glancy Prongay & Murray LLP ('GPM') stresses the importance for shareholders to act promptly.

What Investors Should Know

All investors who have purchased or otherwise obtained BCLI shares within the class period and suffered losses are encouraged to assess their eligibility to participate in the lawsuit. Participation as a lead plaintiff is not a requirement to share in any potential future recovery. Further, 'GPM' emphasizes that investors should seek to understand their legal options and, if they wish, file a lead plaintiff motion by the specified deadline. As the situation develops, it remains to be seen how this legal action may impact Brainstorm Cell Therapeutics Inc. and its stakeholders.

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