Shareholders of PepGen Inc. (PEPG) Take Note
The Gross Law Firm has issued an important notice to shareholders of PepGen Inc. (NASDAQ: PEPG), urging those who purchased shares between March 7, 2024, and March 3, 2025, to consider joining a class action lawsuit intended to seek recovery for financial losses. This legal action centers around allegations of misleading statements regarding the company’s lead product candidate, PGN-EDO51, and other shortcomings in the company’s communications with investors.
What Happened?
During the specified class period, PepGen allegedly made several materially false and misleading statements. The accusations indicate that the company downplayed the deficiencies of PGN-EDO51 and the associated phase two CONNECT2 study, leading shareholders to believe in the viability and effectiveness of the product. As a result of these misleading communications, the company is said to have overstated PGN-EDO51’s clinical and regulatory prospects, fostering a false sense of security among investors.
These omissions and misleading claims led to a significant inflation in the stock price, which is now being scrutinized under the class action lawsuit. The Gross Law Firm is keen on protecting investors' rights and ensuring that accountability is maintained in corporate practices.
Steps for Interested Shareholders
Shareholders who feel they have been wronged are encouraged to take immediate action before the deadline for registration, which is set for August 8, 2025. Registering does not require an obligation to be the lead plaintiff; rather, it offers an opportunity for all impacted shareholders to be part of the recovery process.
Once registered, shareholders will gain access to portfolio monitoring software, providing them with ongoing updates regarding the case's progress. This transparency is part of the commitment by The Gross Law Firm to keep investors informed.
Why Choose The Gross Law Firm?
The Gross Law Firm is recognized nationally for its expertise in class-action lawsuits and has established a strong track record in securing justice for investors. The firm focuses on representing those who have suffered due to deceitful practices, ensuring that companies adhere to responsible business operations. Their mission is to seek recovery for those whose investments have been adversely affected by misleading information.
For shareholders considering joining this class action, the importance of timely registration cannot be overstated. The Gross Law Firm emphasizes that there is no cost involved in registering for participation.
Contact Information
For additional inquiries, interested parties should reach out to The Gross Law Firm:
- - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
- - Email: [email protected]
- - Phone: (646) 453-8903
In conclusion, the ongoing class action against PepGen Inc. represents a critical opportunity for shareholders to seek justice for their losses. Stay informed, take action, and ensure that your rights as an investor are protected.
Stay tuned for updates on this case as it unfolds, and don't miss your chance to be part of this significant legal endeavor.