Investors Invited to Lead Class Action Against Replimune Group for Alleged Securities Fraud
On July 28, 2025, the Schall Law Firm, a prominent national firm known for litigating shareholders' rights, issued a reminder to investors regarding a class action lawsuit against Replimune Group, Inc. This lawsuit stems from alleged violations of significant securities laws, specifically §§10(b) and 20(a) of the Securities Exchange Act of 1934, as well as Rule 10b-5, which is enforced by the U.S. Securities and Exchange Commission (SEC).
The legal action targets those shareholders who purchased securities of Replimune from November 22, 2024, to July 21, 2025. Individuals who believe they may have been affected are encouraged to get in touch with the law firm prior to the deadline of September 22, 2025. This lawsuit may offer an opportunity for investors suffering losses during this period to recover their damages.
The allegations suggest that Replimune misrepresented the efficacy of its clinical trial for RP1 (vusolimogene oderparepvec), known as the IGNYTE trial. It’s asserted that the company was aware of existing issues that indicated the trial might be inadequate and poorly controlled. Based on this knowledge, the company’s public statements were found to be misleading and untruthful during the class period.
As a result of these misleading statements, when the market became aware of the underlying issues, investors faced significant losses. This class action lawsuit not only seeks to hold Replimune accountable but also emphasizes the importance for investors to stay informed about the company's disclosures and potential risks associated with their investments.
Investors are urged to join the class litigation by contacting Brian Schall at the Schall Law Firm. The firm is located at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067. Interested parties can reach out via telephone at 310-301-3335 or visit their website at www.schallfirm.com. Preliminary discussions regarding rights and eligibility to participate in the lawsuit can be conducted at no cost.
It's noteworthy that the class action has yet to receive certification, meaning that investors who opt not to participate will remain as absent class members without legal representation. This is a critical reminder for shareholders about the importance of being proactive when it comes to protecting their investments and legal rights. The Schall Law Firm stands ready to represent and advise investors on their rights and options in this situation.
In summary, this class action lawsuit presents a significant opportunity for affected investors to come together and pursue justice against Replimune Group for securities fraud. Legal representation like that of the Schall Law Firm is crucial for ensuring that shareholders' rights are upheld in the face of potential corporate misconduct.