Sarepta Therapeutics(SRPT)
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Investors in Sarepta Therapeutics, Inc. Should Contact Levi & Korsinsky Before August 25, 2025 to Discuss Your Rights - SRPT
Prnewswire· 2025-08-15 13:15
NEW YORK, Aug. 15, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Sarepta Therapeutics, Inc. ("Sarepta" or the "Company") (NASDAQ: SRPT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Sarepta investors who were adversely affected by alleged securities fraud between June 22, 2023 and June 24, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/sarepta-lawsuit-submission- ...
SRPT FRAUD REMINDER: Sarepta Therapeutics, Inc. Stock Drop Triggers Securities Fraud Class Action – Contact BFA Law before Imminent August 25 Deadline (NASDAQ:SRPT)
GlobeNewswire News Room· 2025-08-15 12:18
Core Viewpoint - A lawsuit has been filed against Sarepta Therapeutics, Inc. and its senior executives for potential violations of federal securities laws, particularly concerning the safety claims of its product Elevidys [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, captioned Dolgicer v. Sarepta Therapeutics, Inc., et al., No. 25-cv-05317 [2]. - Investors have until August 25, 2025, to request to be appointed to lead the case [2]. Group 2: Product and Allegations - Sarepta is focused on developing treatments for rare diseases, with Elevidys being its primary product for Duchenne muscular dystrophy [3]. - Allegations state that Sarepta misrepresented the safety profile of Elevidys, claiming its benefits outweighed risks, while in reality, it has caused fatal acute liver failure in some patients [3]. Group 3: Stock Performance - Following the announcement of a patient's death due to acute liver failure on March 18, 2025, Sarepta's stock fell by $27.81, or over 27%, from $101.35 to $73.54 [4]. - After a second patient death was reported on June 15, 2025, the stock dropped by $15.24, or more than 42%, from $36.18 to $20.94 [4]. - A third patient death related to Elevidys was disclosed on July 17, 2025, leading to a further decline of over 40% in stock price on July 18, 2025 [5].
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Sarepta Therapeutics, Inc. (SRPT) Shareholders
GlobeNewswire News Room· 2025-08-14 20:28
Core Viewpoint - A class action securities lawsuit has been filed against Sarepta Therapeutics, Inc. alleging securities fraud related to the company's gene therapy product, ELEVIDYS, which is intended for treating Duchenne muscular dystrophy [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for Sarepta investors affected by alleged securities fraud between June 22, 2023, and June 24, 2025 [1]. - The complaint claims that Sarepta made false statements regarding ELEVIDYS, including significant safety risks and failures in trial protocols to detect severe side effects [2]. - It is alleged that the adverse events from ELEVIDYS treatment could lead to halted recruitment and dosing in trials, increased regulatory scrutiny, and greater risks for the therapy's approvals [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until August 25, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]. - The firm has over 70 employees dedicated to serving clients in complex securities litigation [4].
Sarepta Therapeutics, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses; August 25, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-08-14 20:08
Core Viewpoint - Sarepta Therapeutics is facing a class action lawsuit due to alleged misleading statements and undisclosed safety risks related to its gene therapy product ELEVIDYS, which has resulted in significant stock price declines following patient deaths and regulatory scrutiny [3][4][5][6][7]. Group 1: Company Overview - Sarepta Therapeutics is a commercial-stage biopharmaceutical company focused on developing treatments for Duchenne muscular dystrophy, including the gene therapy product ELEVIDYS [3]. Group 2: Allegations and Legal Actions - The class action lawsuit claims that Sarepta made false or misleading statements regarding ELEVIDYS, including significant safety risks and inadequate clinical trial protocols [3]. - The lawsuit highlights that the occurrence of severe adverse events led to a pause in recruitment and dosing in trials, raising regulatory concerns and jeopardizing future approvals [3]. Group 3: Stock Price Impact - Following the disclosure of a patient death from acute liver failure on March 18, 2025, Sarepta's stock dropped more than 27% [4]. - An announcement on April 4, 2025, regarding a review by European regulatory authorities led to an additional 7% decline in stock price [5]. - A second patient death reported on June 15, 2025, caused the stock price to decline over 42% [6]. - The FDA's Safety Communication on June 24, 2025, regarding the investigation of patient deaths resulted in an additional 8% drop in stock price [7].
Sarepta Sells Arrowhead Stake to Fund Milestone Payment
ZACKS· 2025-08-14 16:25
Key Takeaways Sarepta Therapeutics (SRPT) announced that it has sold at least $174 million worth of its equity investment in Arrowhead Pharmaceuticals to help fund a milestone payment to the latter. Shares of Sarepta rose around 9% on Wednesday in response to the announcement. Year to date, the stock has plunged 83.2% compared with the industry's 2% decline. Image Source: Zacks Investment Research SRPT's Deal with Arrowhead SRPT Stock on Investors' Radar Sarepta has been facing a lot of heat from investors ...
Investors in Sarepta Therapeutics, Inc. Should Contact The Gross Law Firm Before August 25, 2025 to Discuss Your Rights - SRPT
Prnewswire· 2025-08-14 12:45
NEW YORK, Aug. 14, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sarepta Therapeutics, Inc. (NASDAQ: SRPT). DEADLINE: August 25, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/sarepta-loss-submission-form/?id=161227&from=4 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of SRPT during the timeframe listed above, you will be enrolled ...
Lost Money on Sarepta Therapeutics, Inc. (SRPT)? Join Class Action Suit Seeking Recovery – Contact The Gross Law Firm
GlobeNewswire News Room· 2025-08-13 20:35
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Sarepta Therapeutics, Inc. regarding a class action lawsuit related to misleading statements about the safety and efficacy of its gene therapy product, ELEVIDYS [1][3]. Summary by Sections Class Action Details - The class period for the lawsuit is from June 22, 2023, to June 24, 2025 [3]. - Allegations include that Sarepta Therapeutics made materially false and misleading statements about ELEVIDYS, which is a gene therapy for Duchenne muscular dystrophy [3]. Specific Allegations - The complaint claims that: - ELEVIDYS posed significant safety risks to patients [3]. - Trial regimes and protocols failed to detect severe side effects [3]. - Adverse events from ELEVIDYS treatment would lead to halting recruitment and dosing in trials, attracting regulatory scrutiny [3]. - The misleading statements resulted in a lack of reasonable basis for positive claims about the therapy [3]. Shareholder Actions - Shareholders are encouraged to register for the class action by August 25, 2025, to potentially become lead plaintiffs [4]. - Registration allows shareholders to receive updates on the case through portfolio monitoring software [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5].
SAREPTA STOCK: Lose Money on Your Sarepta Therapeutics, Inc. (NASDAQ:SRPT) Investment? Contact BFA Law before the August 25 Legal Deadline
GlobeNewswire News Room· 2025-08-13 12:33
Core Viewpoint - A lawsuit has been filed against Sarepta Therapeutics, Inc. and its senior executives for potential violations of federal securities laws, particularly concerning the safety claims of its product Elevidys [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, titled Dolgicer v. Sarepta Therapeutics, Inc., et al., No. 25-cv-05317 [2]. - Investors have until August 25, 2025, to request to lead the case [2]. Group 2: Product and Safety Claims - Sarepta is focused on developing treatments for rare diseases, with Elevidys being its primary product for Duchenne muscular dystrophy [3]. - The company allegedly misrepresented the safety profile of Elevidys, claiming its benefits outweighed risks, while it has been linked to fatal acute liver failure in some patients [3]. Group 3: Stock Price Impact - Following the announcement of a patient's death due to acute liver failure on March 18, 2025, Sarepta's stock fell by $27.81, or over 27%, from $101.35 to $73.54 [4]. - A second death announcement on June 15, 2025, led to a further decline of $15.24, or more than 42%, from $36.18 to $20.94 [4]. - A third death related to Elevidys was reported on July 17, 2025, causing the stock to drop by more than 40% on July 18, 2025 [5].
Brutal 2025 for Sarepta—Analysts Still Call for 179% Upside
MarketBeat· 2025-08-12 19:33
Core Viewpoint - Sarepta Therapeutics has faced significant challenges in 2025, with a dramatic decline in share value due to patient deaths linked to its FDA-approved gene therapy, ELEVIDYS, despite generating over $1 billion in revenue since its approval in June 2023 [1][2]. Financial Performance - As of August 11, 2025, Sarepta's shares have dropped over 85% this year, with a market capitalization falling from approximately $11.61 billion to $1.75 billion [2][6]. - The company reported that 54% of its net product revenue in fiscal 2024 came from products other than ELEVIDYS, indicating diversified revenue streams [7]. FDA Interactions - The FDA initially requested Sarepta to halt shipments of ELEVIDYS after multiple patient deaths were reported, leading to a 36% drop in share price [3]. - Following an investigation, the FDA reversed its request, allowing Sarepta to resume sales to ambulatory patients, who represent 70% to 85% of ELEVIDYS patients [4]. Market Sentiment and Analyst Predictions - Following the FDA's reversal, Sarepta's shares increased by 50% as of August 11, reflecting improved market sentiment [5]. - Analysts from Wells Fargo and BMO Capital Markets have set price targets of $50, suggesting a potential upside of around 179% from the current share price [2]. Valuation Metrics - Sarepta's stock is currently trading at a forward price-to-sales (P/S) ratio of 1.2x, significantly lower than the median P/S ratio of 4.3x among U.S. large-cap pharma and biotech stocks, indicating it may be undervalued [7]. Competitive Landscape - Sarepta faces competition from other companies developing DMD therapies, such as Solid Biosciences, which has a treatment in early-stage trials that may mitigate some risks associated with ELEVIDYS [10][11].
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of August 25, 2025 in Sarepta Therapeutics, Inc. Lawsuit - SRPT
Prnewswire· 2025-08-12 13:00
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United ...