Faruqi & Faruqi, LLP Investigates Replimune Investors' Claims
Faruqi & Faruqi, LLP, a top-tier national securities law firm, is actively investigating possible claims on behalf of investors who have faced significant financial losses due to the recent downturn in Replimune Group, Inc. (NASDAQ: REPL). The firm reminds affected investors that the deadline to take action in this matter is September 22, 2025, making it crucial for individuals who have suffered losses exceeding $50,000 between November 22, 2024, and July 21, 2025, to be aware of their legal options.
James (Josh) Wilson, a senior partner at Faruqi & Faruqi, urges investors to contact the firm directly to discuss the potential for participation in a federal securities class action lawsuit against Replimune. The lawsuit addresses allegations that the company's executives misrepresented the effectiveness of the IGNYTE clinical trial, leading to a misinformed investor base about the company's operations and future prospects.
On July 22, 2025, Replimune disclosed that it had received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA) concerning its Biologics License Application for the treatment of advanced melanoma, which it sought to perform in combination with nivolumab. This letter indicated that the FDA found the IGNYTE trial inadequate, a claim that spurred a drastic drop in Replimune's stock value, plummeting over 73% during intraday trading on the announcement date.
The investigation will closely examine whether Replimune, and its executives, violated federal securities laws by failing to disclose the trial's significant shortcomings. As per the lawsuit, the defendants allegedly overstated the trial's prospects, which they either knowingly ignored or recklessly overlooked. Such actions constitute misleading statements, resulting in financial damage to investors when the true information surfaced.
Potential investors are encouraged to explore their rights and options carefully, which could involve applying to be named as lead plaintiff in the class-action lawsuit. Lead plaintiffs are typically those with the most substantial losses and a vested interest in pursuing legal action against the defendants. Interested parties may also remain members of the class even without taking on the lead plaintiff role, thereby allowing flexibility in choosing how to proceed.
Faruqi & Faruqi is well-known for securing substantial recoveries for investors since its inception in 1995. With offices in key states, including New York, Pennsylvania, Georgia, and California, the firm has established a robust reputation for success in securities law. Investors or anyone with specific information regarding Replimune's practices—whether whistleblowers, former employees, or shareholders—are urged to connect with the firm to provide insights that may aid the investigation.
For more information regarding the potential class-action suit, visit
www.faruqilaw.com/REPL or reach out to Josh Wilson directly at 877-247-4292 or 212-983-9330, Extension 1310. Stay updated by following the firm on social media platforms such as LinkedIn, X, and Facebook.
Conclusion
Time is of the essence for investors impacted by the recent developments surrounding Replimune's stock. The upcoming deadline presents an invaluable opportunity for affected individuals to seek potential redress through legal action. With Faruqi & Faruqi at the helm, investors are not alone in navigating these challenging waters, promising diligent representation and support as they pursue justice for their losses.