KITE INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Kite Pharma, Inc. To Contact The Firm

NEW YORK--()--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Kite Pharma, Inc. (“Kite” or the “Company”) (NASDAQ:KITE).

The investigation focuses on whether the Company and its executives violated federal securities laws. Specifically, during premarket on May 8, 2017, the Company filed its Form 10-Q with Securities and Exchange Commission disclosing the death of a cancer patient following treatment with the Company's lead product candidate, KTE-C19, a CAR-based therapy that targets the CD19 antigen. The Form 10-Q stated the relevant part: in April 2017, one of the Company’s patients “experienced multi-organ failure, and a neurologic event that subsequently progressed to a fatal grade 5 cerebral edema that was deemed related to axicabtagene ciloleucel [the United States adopted name for KTE-C19 is axicabtagene ciloleucel].”

On this news, the Company’s share price significantly declined, causing harm to investors.

If you invested in Kite stock or options and would like to discuss your legal rights, click here: www.faruqilaw.com/KITE. There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.

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Contacts

FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Telephone: 877-247-4292 or 212-983-9330

Contacts

FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Telephone: 877-247-4292 or 212-983-9330