MLTX SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces that MoonLake Investors Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against MoonLake Immunotherapeutics due to allegations of misleading statements and failure to disclose material facts regarding its product SLK, which led to significant stock price decline [2][5][6]. Group 1: Legal Investigation - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in MoonLake to discuss their legal options, particularly those who acquired securities between March 10, 2024, and September 29, 2025 [1][2]. - A federal securities class action has been filed against MoonLake, with a deadline of December 15, 2025, for investors to seek the role of lead plaintiff [2][8]. Group 2: Allegations Against MoonLake - The complaint alleges that MoonLake and its executives violated federal securities laws by making false and misleading statements about the efficacy of SLK compared to BIMZELX, including claims about molecular targets and clinical benefits [5]. - Specific allegations include that SLK's distinct Nanobody structure does not provide superior clinical benefits over traditional monoclonal antibodies and that its supposed increased tissue penetration does not translate to clinical efficacy [5]. Group 3: Stock Price Impact - Following the announcement of disappointing results from the Phase 3 VELA program, MoonLake's stock price fell by $55.75 per share, or 89.9%, closing at $6.24 on September 29, 2025 [6][7].