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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PepGen Inc. - PEPG

1. Pomerantz LLP investigates potential securities fraud by PepGen executives. 2. PepGen paused a critical clinical study, affecting investor confidence. 3. Stock price dropped 18.86% on March 4 due to the pause announcement.

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FAQ

Why Very Bearish?

The ongoing investigation and significant stock price drop indicate serious investor concerns. Historical examples show that such investigations often lead to further declines in stock prices, adversely affecting investor sentiment.

How important is it?

The investigation addresses potential securities fraud, posing significant risks to investor confidence and stock performance. This could attract wider scrutiny from investors and analysts, impacting future trading activities.

Why Short Term?

The immediate effects will be seen as the investigation unfolds and more results are released. Past cases, such as those involving similar situations, have shown rapid market reactions during initial announcements.

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NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  PepGen Inc. (“PepGen” or the “Company”) (NASDAQ: PEPG).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether PepGen and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On March 4, 2025, PepGen issued a press release “announc[ing] its voluntary decision to temporarily pause the Phase 2 CONNECT2-EDO51 study of PGN-EDO51 in patients with Duchenne muscular dystrophy (DMD) until the Company can review results from the 10 mg/kg cohort in the ongoing Phase 2 CONNECT1-EDO51 study.” On this news, PepGen’s stock price fell $0.53 per share, or 18.86%, to close at $2.28 per share on March 4, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes.    CONTACT:Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

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