Rocket Pharmaceuticals(US:RCKT) Prnewswireยท2025-07-21 20:06Core Viewpoint - A securities class action lawsuit has been filed against Rocket Pharmaceuticals, alleging material misstatements and omissions that led to investor losses [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Rocket Pharmaceuticals stock between September 17, 2024, and May 26, 2025 [2]. - The lawsuit claims that Rocket Pharmaceuticals failed to disclose significant safety-related updates regarding its RP-A501 clinical trial, including the use of an immunomodulatory agent, prior to a fatal adverse event and subsequent FDA-imposed clinical hold [3]. - Following the public confirmation of the trial hold and patient death on May 28, 2025, Rocket Pharmaceuticals' shares plummeted from $6.27 to $2.33 [3]. Group 2: Company Overview - Rocket Pharmaceuticals is headquartered in Cranbury, New Jersey, and specializes in gene therapies for rare and life-threatening diseases [2].