Core Viewpoint - The securities class action lawsuit against MoonLake Immunotherapeutics alleges that the company and its executives made materially false and misleading statements about the clinical prospects of their drug candidate, sonelokimab, leading to a significant stock price drop of nearly 90% following disappointing trial results [2][4]. Company Overview - MoonLake Immunotherapeutics is facing a class action lawsuit due to claims regarding the efficacy of its drug candidate, sonelokimab (SLK), which is based on a unique Nanobody structure [3][4]. - The company’s stock price fell from $61.99 to $6.24, representing a 90% loss, after the VELA-2 trial failed to meet its primary endpoint and showed inferior efficacy compared to a competitor [4]. Legal Context - The class period for the lawsuit is defined as March 10, 2024, to September 29, 2025, with a lead plaintiff deadline set for December 15, 2025 [4][5]. - Hagens Berman, the law firm leading the litigation, is encouraging investors who suffered significant losses during this period to come forward and discuss their legal options [5][6]. Investor Actions - Investors who purchased MoonLake stock within the specified class period and experienced substantial losses are urged to contact Hagens Berman to explore potential legal recourse and the possibility of being appointed as Lead Plaintiff [5][6].

Core Viewpoint - A class action lawsuit has been filed against MoonLake Immunotherapeutics for allegedly misleading investors regarding its drug candidate, sonelokimab (SLK), leading to significant financial losses after disappointing trial results were announced [8]. Group 1: Allegations and Lawsuit Details - The lawsuit claims that MoonLake misrepresented SLK as superior to competing monoclonal antibodies while failing to disclose that it targeted the same molecules as UCB's BIMZELX and had no proven superiority [8]. - Following the announcement of Phase 3 results on September 28, 2025, which showed SLK did not match BIMZELX's efficacy, MoonLake's stock price dropped nearly 90%, resulting in substantial losses for investors [8]. - Investors who purchased MoonLake shares between March 10, 2024, and September 29, 2025, are eligible to apply to be lead plaintiffs in the lawsuit by December 15, 2025 [8]. Group 2: Company Background - MoonLake Immunotherapeutics is a company listed on NASDAQ under the ticker MLTX, focusing on developing innovative therapies [8]. - The firm has faced scrutiny due to the performance of its sole drug candidate, which has been criticized for not delivering on its promised clinical advantages [8].

NEW YORK--(BUSINESS WIRE)---- $MLTX #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Reuters Research Inc. ("MoonLake†or the "Company†) (NASDAQ: MLTX) and reminds investors of the December 15, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. ...

Core Viewpoint - The lawsuit against MoonLake Immunotherapeutics alleges that the company and its executives made false statements about the clinical efficacy of their drug candidate, sonelokimab, leading to a significant stock price drop of nearly 90% following disappointing trial results [2][4]. Summary by Relevant Sections Lawsuit Allegations - The lawsuit claims that MoonLake misled investors by asserting that the unique Nanobody structure of sonelokimab would provide superior clinical outcomes compared to traditional monoclonal antibodies, specifically against the FDA-approved BIMZELX [3]. Stock Performance - Following the announcement of the VELA-2 trial results, which failed to meet its primary endpoint and demonstrated inferior efficacy, MoonLake's stock plummeted from $61.99 to $6.24, representing a 90% loss [4]. Investor Actions - Investors who purchased MoonLake stock between March 10, 2024, and September 29, 2025, and experienced significant losses are encouraged to contact Hagens Berman to explore legal options and the possibility of becoming the Lead Plaintiff [5].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of MoonLake Immunotherapeutics during the specified class period of the upcoming lead plaintiff deadline on December 15, 2025 [1] Group 1: Class Action Details - Investors who bought MoonLake common stock between March 10, 2024, and September 29, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - To participate in the class action, investors can submit their information through the provided link or contact the law firm directly [3][6] - A lead plaintiff must file a motion with the court by December 15, 2025, to represent other class members in the litigation [3] Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4] - The firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company and has consistently ranked highly in securities class action settlements [4] Group 3: Case Allegations - The complaint alleges that during the class period, defendants made false or misleading statements regarding the efficacy of their product SLK compared to traditional monoclonal antibodies, leading to investor damages when the truth was revealed [5]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against MoonLake Immunotherapeutics due to allegations of misleading statements regarding its product SLK and its comparison to BIMZELX, which led to significant stock price decline following disappointing clinical trial results [2][4][5]. Group 1: Legal Investigation - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in MoonLake to contact them for discussing legal options [1]. - The firm is investigating claims against MoonLake and reminds investors of the December 15, 2025 deadline to seek the role of lead plaintiff in a federal securities class action [2]. - The complaint alleges that MoonLake and its executives violated federal securities laws by making false statements and failing to disclose material facts about the efficacy of SLK compared to BIMZELX [4]. Group 2: Financial Impact - On September 28, 2025, MoonLake announced that SLK failed to demonstrate competitive efficacy relative to BIMZELX, resulting in a stock price drop of $55.75 per share, or 89.9%, closing at $6.24 on September 29, 2025 [5]. - The firm has recovered hundreds of millions of dollars for investors since its founding in 1995, indicating a strong track record in securities litigation [3]. Group 3: Company Background - MoonLake Immunotherapeutics is listed on NASDAQ under the ticker MLTX [2]. - The company is involved in the development of therapeutics, specifically focusing on Nanobodies and their clinical applications [4].

Core Viewpoint - A lawsuit has been filed against MoonLake Immunotherapeutics and its senior executives for potential violations of federal securities laws, following disappointing results from clinical trials that raised questions about the company's drug's regulatory approval and commercial viability [1][2][5]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, captioned Peters v. MoonLake Immunotherapeutics, et al., No. 1:25-cv-08612 [2]. - Investors have until December 15, 2025, to request to be appointed to lead the case [2]. Group 2: Company Background - MoonLake is a clinical-stage biotechnology company focused on developing therapies for inflammatory diseases, specifically through its investigational therapeutic sonelokimab (SLK) [3]. - The company claimed that its "strong clinical data" from the Phase 2 MIRA trial indicated higher clinical responses and differentiation from competitors [4]. Group 3: Clinical Trial Results - The VELA Phase 3 trials for sonelokimab reported disappointing results, with VELA-2 failing to meet its primary endpoint, which raised concerns about the drug's chances for regulatory approval [6]. - Following the announcement of the trial results on September 28, 2025, MoonLake's stock price plummeted nearly 90%, from $61.99 per share to $6.24 per share [6].

Core Viewpoint - The lawsuit against MoonLake Immunotherapeutics alleges that the company and its executives made false statements about the clinical efficacy of their drug candidate, sonelokimab, leading to a significant stock price drop of nearly 90% following disappointing trial results [2][3][4]. Summary by Sections Lawsuit Details - The lawsuit claims that MoonLake's assertions regarding the superiority of its Nanobody technology were misleading, particularly in comparison to the FDA-approved competitor BIMZELX [3]. - The stock price plummeted from $61.99 to $6.24, representing a 90% loss, after the VELA-2 trial failed to meet its primary endpoint and demonstrated inferior efficacy [4]. Timeline and Key Information - Class Period: March 10, 2024 – September 29, 2025 - Lead Plaintiff Deadline: December 15, 2025 - Significant Stock Drop: 90% loss on September 29, 2025, due to failed trial results [4]. Next Steps for Investors - Investors who purchased MoonLake stock during the specified class period and incurred substantial losses are encouraged to contact Hagens Berman to explore legal options and potential appointment as Lead Plaintiff [5]. About Hagens Berman - Hagens Berman is a global plaintiffs' rights firm that focuses on corporate accountability and has secured over $2.9 billion for clients in similar cases [7].

Core Points - A class action lawsuit has been filed against MoonLake Immunotherapeutics for allegedly misleading investors regarding its drug candidate sonelokimab (SLK) [8] - The lawsuit claims that MoonLake promoted SLK as superior to competing drugs while failing to disclose its lack of proven superiority [8] - Following the announcement of disappointing Phase 3 trial results, MoonLake's stock price dropped nearly 90%, resulting in significant investor losses [8] Allegation Details - The lawsuit covers all individuals and entities who purchased MoonLake common stock between March 10, 2024, and September 29, 2025 [8] - The complaint highlights that MoonLake's executives touted SLK's unique clinical advantages without revealing that it targeted the same molecules as UCB's BIMZELX [8] - The stock plummeted 89.9% on September 29, 2025, after the company disclosed that the VELA-2 trial did not achieve statistical significance due to unexpected events in the placebo group [8] Next Steps - Investors who suffered losses and wish to participate in the lawsuit must apply to the Court by December 15, 2025, to be appointed as lead plaintiff [8] - Interested parties can contact Bragar Eagel & Squire, P.C. for more information regarding their rights and the claims [4][5]

Core Viewpoint - A lawsuit has been filed against MoonLake Immunotherapeutics and its senior executives for potential violations of federal securities laws, following disappointing results from its Phase 3 VELA trials for sonelokimab [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, under the case caption Peters v. MoonLake Immunotherapeutics, et al., No. 1:25-cv-08612 [2]. - Investors have until December 15, 2025, to request to be appointed to lead the case [2]. Group 2: Company Background - MoonLake is a clinical-stage biotechnology company focused on developing therapies for inflammatory diseases, specifically targeting moderate to severe hidradenitis suppurativa with its investigational drug sonelokimab [3]. - The company claimed that its "strong clinical data" from the Phase 2 MIRA trial indicated a higher clinical response for patients, suggesting a competitive advantage over traditional monoclonal antibody treatments [4]. Group 3: Allegations and Impact - The lawsuit alleges that the clinical data and Nanobody structure of sonelokimab did not provide a superior clinical benefit compared to competitors, raising doubts about the drug's regulatory approval and commercial viability [5]. - Following the announcement of disappointing results from the VELA Phase 3 trials on September 28, 2025, MoonLake's stock price plummeted nearly 90%, from $61.99 per share to $6.24 per share [6].