Zenas Biopharma Investors: Cohen Milstein highlights June

Washington, DC, May 13, 2025 (Globe Newswire) – Cohen Milstein Sellers & Toll PLLC gives the following update for investors in Zenas Biopharma, Inc. (Nasdaq: ZBIO) in relation to the collective action of the securities action, which was submitted to the district court of the US district for the district court for the district court. Investors who are bought and/or remedied June 16, 2025 submit an application to the court to serve as Main plaintiff.

[Click here for information about joining the class action]

If you would like to discuss this matter or your rights before you register, please contact Molly J. Bowen, a partner at Cohen Milstein, under (202) 408-4600 or mbowen@cohenmilstein.com.

What the lawsuit claims
The complaint claims that Zenas Biopharma and some of his IPO artists have violated the federal government laws by incorrectly presenting the company's financial condition. While the sacrificial documents claimed that Zenas Biopharma had sufficient cash and proceeds for 24 months, a later SEC registration resulted in a 12-month financing time bar. After this disclosure, Zenas Biopharma's share price decreased by almost 49% compared to the IPO and from April 15, 2025 closed $ 8.72.

About the role of the senior plaintiff
The senior plaintiff is appointed by the court to act in the name of all other classes. This investor helps to monitor the legal dispute, selects legal advisors and has the option of shaping the pit strategy. Investors with considerable financial losses often look for this role to work on behalf of the full class.

Cohen Milstein's track record
Cohen Milstein is a nationally respected law firm that focuses on complex legal disputes. The recently recovered company has recovered 1 billion US dollars As Co-Lace Counsel in In Re Wells Fargo Securities Litigation and is routinely recognized by The legal 500Present Law360And Chambers USA For excellent performance in private collecting lawsuits for enforcing securities.

CONTACT:
Molly Bowen, Esq.
Licensed in DC, Florida and Ohio
Cohen Milstein Sellers & Toll Pllc
1100 New York Avenue, NW, eighth floor
Washington, DC 20005
Telephone: (888) 240-0775 or (202) 408-4600
E -Mail: mbowen@cohenmilstein.com
Website: www.cohenmilstein.com

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