1. A class action lawsuit has been filed against Replimune Group, Inc. 2. The lawsuit claims Replimune made false statements regarding its IGNYTE trial. 3. The class period for the lawsuit is from November 2024 to July 2025. 4. Investors who suffered losses are encouraged to join the lawsuit. 5. The deadline to register for participation is September 22, 2025.
Historical lawsuits have led to significant price drops for similar companies. For instance, following a similar case, a biotech firm saw a 30% decline post-announcement.
The lawsuit could deter potential investors and create negative sentiment. Legal actions directly tied to misleading information often lead to market penalties.
Ongoing legal issues can affect investor sentiment and stock performance over time. Previous cases in biotech have shown prolonged price sensitivity.
The DJS Law Group reminds investors of a class action lawsuit against Replimune Group, Inc. ("Replimune" or "the Company") (NASDAQ: REPL) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of REPL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: November 22, 2024 to July 21, 2025
DEADLINE: September 22, 2025
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Replimune misled investors about the prospects of its IGNYTE trial for RP1 (vusolimogene oderparepvec). The Company knew of serious issues with its trial likely to result in the FDA finding it lacked proper controls. Based on these facts, Replimune's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. There is no cost or obligation to you to participate in this case.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250904355490/en/
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com