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Securities Fraud Investigation Into MoonLake Immunotherapeutics (MLTX) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
Businesswire· 2025-10-17 23:59
Core Viewpoint - Glancy Prongay & Murray LLP has initiated an investigation into MoonLake Immunotherapeutics regarding potential violations of federal securities laws, indicating concerns over the company's compliance and investor losses [1]. Summary by Relevant Sections - **Company Overview** - MoonLake Immunotherapeutics is listed on NASDAQ under the ticker MLTX [1]. - **Investigation Details** - The investigation is on behalf of investors who may have suffered financial losses related to MoonLake [1]. - The law firm is reaching out to investors to explore the possibility of pursuing claims to recover losses [1].
MLTX Investor Notice: Robbins LLP Reminds Stockholders of the Securities Fraud Class Action Against MoonLake Immunotherapeutics
Globenewswire· 2025-10-17 20:43
Core Points - A class action has been filed against MoonLake Immunotherapeutics on behalf of investors who purchased its common stock between March 10, 2024, and September 29, 2025 [1] - The allegations include misleading statements regarding the efficacy of MoonLake's drug candidate SLK compared to the FDA-approved drug BIMZELX [2] - On September 28, 2025, MoonLake announced that SLK failed to demonstrate competitive efficacy relative to BIMZELX, resulting in a significant stock price drop of $55.75 per share, or 89.9%, closing at $6.24 on September 29, 2025 [3] Allegations - The complaint states that MoonLake misled investors about the differences between Nanobodies and monoclonal antibodies, specifically regarding SLK's clinical benefits and efficacy [2] - Key points of the allegations include that SLK and BIMZELX target the same inflammatory cytokines, and that SLK's unique structure does not provide a clinical advantage over BIMZELX [2] Next Steps - Shareholders interested in participating in the class action must submit their papers to the court by December 15, 2025, to serve as lead plaintiff [4] - Shareholders can remain absent class members if they choose not to participate in the case [4]
MLTX INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that MoonLake Immunotherapeutics Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Businesswire· 2025-10-17 20:01
Core Viewpoint - The lawsuit claims that the defendants made false statements regarding MoonLake's business and prospects, leading to inflated stock prices [1] Company Summary - The allegations suggest that misleading information was disseminated about MoonLake, impacting investor perception and stock valuation [1]
Berger Montague PC Investigating Claims on Behalf of MoonLake Immunotherapeutics (NASDAQ: MLTX) Investors After Class Action Filing
Prnewswire· 2025-10-16 21:36
Core Viewpoint - A class action lawsuit has been filed against MoonLake Immunotherapeutics for allegedly making false and misleading statements regarding its drug candidate, sonelokimab (SLK), leading to significant investor losses following disappointing clinical trial results [3][4]. Company Overview - MoonLake Immunotherapeutics is a clinical-stage biotechnology company based in Zug, Switzerland [2]. Legal Action Details - The lawsuit is on behalf of investors who purchased MoonLake shares from March 10, 2024, to September 29, 2025, with a deadline for potential lead plaintiff appointment set for December 15, 2025 [1][2]. - The complaint claims that MoonLake and its executives misrepresented SLK's advantages over traditional monoclonal antibodies, specifically FDA-approved BIMZELX [3]. Clinical Trial Results - On September 28, 2025, MoonLake announced Phase 3 clinical trial results for SLK, which reportedly did not demonstrate efficacy comparable to BIMZELX, leading analysts to label the results as "disastrous" [4]. - Following the announcement, MoonLake's stock plummeted nearly 90%, equating to a loss of $55.75 per share in a single trading session [4].
ROSEN, SKILLED INVESTOR COUNSEL, Encourages MoonLake Immunotherapeutics Investors to Secure Counsel Before Important Deadline in Securities Class Action – MLTX
Globenewswire· 2025-10-16 18:11
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of MoonLake Immunotherapeutics common stock during the specified Class Period, indicating potential legal issues surrounding the company's disclosures and statements [1][5]. Group 1: Class Action Details - The class action lawsuit is for purchasers of MoonLake common stock between March 10, 2024, and September 29, 2025, inclusive [1]. - Investors who purchased stock during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by submitting a form or contacting the law firm directly [3][6]. 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 a history of significant recoveries for investors, including over $438 million in 2019 alone [4]. Group 3: Allegations Against MoonLake - The complaint alleges that MoonLake made false or misleading statements regarding the efficacy of its product SLK compared to traditional monoclonal antibodies, specifically concerning molecular targets and clinical benefits [5]. - The lawsuit claims that when the true details were revealed, investors suffered damages due to the misleading information provided by the company [5].
MLTX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that MoonLake Immunotherapeutics Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-10-16 17:03
Core Viewpoint - A class action lawsuit has been filed against MoonLake Immunotherapeutics for alleged violations of federal securities laws, claiming that the company made false statements regarding the efficacy of its drug candidate, sonelokimab [1][3]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for all individuals and entities that purchased MoonLake securities between March 10, 2024, and September 29, 2025 [2]. - Allegations include that MoonLake misrepresented the efficacy of sonelokimab, claiming it was superior to other monoclonal antibodies without evidence [3]. - The Phase 3 trial results of sonelokimab were described as "disastrous," leading to a nearly 90% loss in the company's stock value [3]. Group 2: Next Steps - Investors who suffered losses in MoonLake have until December 15, 2025, to request to be appointed as lead plaintiff in the class action [4]. - A copy of the Complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if successful in the lawsuit [5]. - Bronstein, Gewirtz & Grossman, LLC has a history of recovering hundreds of millions of dollars for investors in securities fraud cases [6].
Portnoy Law Firm Announces Class Action on Behalf of MoonLake Immunotherapeutics, Inc. Investors
Globenewswire· 2025-10-16 16:39
Core Viewpoint - MoonLake Immunotherapeutics, Inc. is facing a class action lawsuit for investors who purchased securities during the specified class period, indicating potential corporate wrongdoing [1][3]. Company Overview - MoonLake is a clinical stage biotechnology company focused on developing therapies for inflammatory skin and joint diseases [3]. - The company's primary drug candidate is sonelokimab (SLK), aimed at treating hidradenitis suppurativa (HS) [3]. Drug Development - SLK's commercial prospects hinge on its ability to demonstrate efficacy in HS that is comparable or superior to Union Chimique Belge's BIMZELX, an FDA-approved monoclonal antibody for the same indication [3].
INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of MoonLake Immunotherapeutics (MLTX) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
Globenewswire· 2025-10-16 14:37
Core Viewpoint - A shareholder class action lawsuit has been filed against MoonLake Immunotherapeutics, alleging that the company made materially false and misleading statements regarding its product SLK and its comparison to monoclonal antibodies [1] Summary by Relevant Sections Allegations - The lawsuit claims that the defendants failed to disclose critical information about the differences between Nanobodies and monoclonal antibodies, specifically that: - SLK and BIMZELX target the same inflammatory cytokines IL-17A and IL-17F [1] - SLK's unique Nanobody structure does not provide a clinical benefit over BIMZELX's traditional monoclonal structure [1] - The supposed increased tissue penetration of SLK does not lead to improved clinical efficacy [1] - Defendants lacked a reasonable basis for their positive claims regarding SLK's superiority to monoclonal antibodies [1] Legal Information - Shareholders who purchased MoonLake shares between March 10, 2024, and September 29, 2025, and suffered significant losses are encouraged to discuss their legal rights [2] - The deadline to request appointment as lead plaintiff in the case is December 15, 2025 [3]
MLTX INVESTOR ALERT: MoonLake Immunotherapeutics Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-10-16 10:00
Core Viewpoint - The MoonLake class action lawsuit alleges that MoonLake Immunotherapeutics and its executives violated the Securities Exchange Act of 1934, impacting investors who purchased its common stock [1][3]. Company Overview - MoonLake Immunotherapeutics is a clinical-stage biotechnology company focused on developing therapies for inflammatory skin and joint diseases, with its primary drug candidate being sonelokimab (SLK) [3]. Allegations - The lawsuit claims that MoonLake made false or misleading statements regarding SLK's efficacy compared to Union Chimique Belge's BIMZELX, which is an FDA-approved monoclonal antibody for the same condition [4]. - Specific allegations include that SLK and BIMZELX target the same inflammatory cytokines (IL-17A and IL-17F), and that SLK's unique Nanobody structure does not provide superior clinical benefits or efficacy [4]. Stock Performance Impact - Following the announcement of disappointing results from the Phase 3 VELA program on September 28, 2025, which indicated SLK did not demonstrate competitive efficacy against BIMZELX, MoonLake's stock price plummeted nearly 90% [5]. Legal Process - Investors who suffered losses during the class period can seek to become lead plaintiffs in the lawsuit, with a deadline for motions set for December 15, 2025 [2][6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP, the law firm representing the plaintiffs, is recognized as a leading firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7].
MoonLake Immunotherapeutics Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - MLTX
Prnewswire· 2025-10-16 07:14
Core Points - A class action lawsuit has been filed against MoonLake Immunotherapeutics for alleged violations of the Securities Exchange Act of 1934 [1][2] - The lawsuit claims that MoonLake made false and misleading statements regarding its drug sonelokimab, asserting it was superior to competitors without evidence [2] - The Phase 3 trial results released by the company were deemed "disastrous" by analysts, indicating that public statements were materially misleading [2] Class Action Details - The class period for the lawsuit is from March 10, 2024, to September 29, 2025 [2] - Shareholders who purchased shares during this period are encouraged to contact the law firm for potential lead plaintiff appointments [2][3] - The deadline for filing claims is December 15, 2025 [2] Law Firm Information - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns [4] - The firm represents large hedge funds and alternative asset managers, emphasizing the value of litigation claims [4]