Core Viewpoint - A class action securities lawsuit has been filed against UroGen Pharma Ltd. for alleged securities fraud affecting investors between July 27, 2023, and May 15, 2025 [1][2]. Group 1: Lawsuit Details - The complaint alleges that the ENVISION clinical study was inadequately designed, lacking a concurrent control arm, which undermined the effectiveness evidence for UGN-102 [2]. - It is claimed that UroGen Pharma did not heed FDA warnings regarding the study design, leading to substantial risk that the New Drug Application (NDA) for UGN-102 would not be approved [2]. - The lawsuit asserts that the defendants' positive statements about the company's business and prospects were materially misleading and lacked a reasonable basis due to these issues [2]. Group 2: Next Steps for Investors - 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, with no 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].
Investors who lost money on UroGen Pharma Ltd.(URGN) should contact Levi & Korsinsky about pending Class Action - URGN