Workflow
UroGen Pharma Ltd. Sued for Securities Law Violations - Contact Levi & Korsinsky Before July 28, 2025 to Discuss Your Rights - URGN
UroGen PharmaUroGen Pharma(US:URGN) Prnewswireยท2025-06-13 09:45

Core Viewpoint - A class action securities lawsuit has been filed against UroGen Pharma Ltd. due to alleged securities fraud affecting investors between July 27, 2023, and May 15, 2025 [1] Group 1: Allegations and Claims - The lawsuit claims that the ENVISION clinical study was inadequately designed, lacking a concurrent control arm, which undermined the evidence of effectiveness for UGN-102 [2] - It is alleged that UroGen Pharma did not heed FDA warnings regarding the study design, leading to a substantial risk that the New Drug Application (NDA) for UGN-102 would not be approved [2] - Defendants' positive statements about the company's business and prospects were misleading and lacked a reasonable basis due to the aforementioned issues [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until July 28, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, ensuring no financial obligation to participate [3] Group 3: Firm Background - Levi & Korsinsky has a strong track record, having secured hundreds of millions for shareholders and being recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4]