Pomerantz Law Firm Conducts Investigation for Rocket Pharmaceuticals Investors Following Serious Adverse Event
On June 17, 2025, Pomerantz LLP announced an investigation into claims by investors of Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT). This inquiry arrives in response to alarming details surrounding the company’s investigational gene therapy, RP-A501, designed to treat Danon disease. Following a troubling press release issued by Rocket on May 27, 2025, investors are advised to get in touch with Pomerantz for potential legal actions. The recent press release revealed that a patient enrolled in the Phase 2 pivotal trial experienced a severe adverse event (SAE) related to a rare complication known as capillary leak syndrome. Following this incident, Rocket promptly halted further dosing in the trial. Significant concern arose when it was reported that the patient ultimately succumbed to an acute systemic infection shortly thereafter.
The ramifications of these events have been substantial, leading to a drastic downturn in Rocket’s stock price, which plummeted by $3.94, marking a staggering 62.84% drop, closing at $2.33 per share on the same day the adverse news broke. Such a rapid decline raises significant questions about the company's disclosures and governance practices.
Pomerantz LLP, established over 85 years ago, is known for its specialization in corporate, securities, and antitrust class actions. The firm has a reputable history of fighting for the rights and interests of investors, pioneering the field of securities class actions under the leadership of the late Abraham L. Pomerantz, who is recognized as a key figure in securities law. Pomerantz has consistently recovered considerable damages for those impacted by securities fraud and corporate misconduct.
The ongoing investigation seeks to determine whether Rocket Pharmaceuticals and certain officials have engaged in fraudulent practices or other illegal activities that may have harmed investors. The company’s recent problems raise serious concerns about transparency and accountability that investors have a right to expect.
As the inquiry unfolds, investors are encouraged to keep a close eye on any further announcements from Rocket Pharmaceuticals, particularly regarding updates to the clinical trial for RP-A501 and any other pipeline therapies that may be impacted as a result of this investigation. If you are an investor affected by these events, you can reach out to Pomerantz LLP through Danielle Peyton at [email protected] or by calling 646-581-9980, ext. 7980 for guidance and support regarding potential claims.
In conclusion, the recent turn of events surrounding Rocket Pharmaceuticals is a sobering reminder of the vulnerabilities inherent in clinical drug development, where negative outcomes can have significant financial repercussions for investors. With the spotlight now on Rocket’s business practices, stakeholders will certainly be watching carefully as developments continue to unfold in this pressing matter.