Important Deadline Approaches for MoonLake Class Action Investors as Faruqi & Faruqi Warns of Legal Options
Overview of MoonLake Class Action Lawsuit
Faruqi & Faruqi, LLP, a prominent national securities law firm, is currently investigating potential claims against MoonLake (also known as Reuters Research Inc.). Investors who have faced losses during their dealings with MoonLake are urged to take note of an important deadline approaching on December 15, 2025. This date marks the deadline for shareholders looking to step up as lead plaintiffs in a federal securities class action lawsuit filed against the company.
The Background
The inquiry revolves around allegations that MoonLake and its executives may have violated federal securities laws. The complaints center on claims of false and misleading statements made by the company's management, as well as failures to disclose critical information regarding the company’s product lines, specifically distinguishing between Nanobodies and monoclonal antibodies with regards to their therapeutic applications.
As per the allegations:
1. Misleading Efficacy Claims: The executives purportedly overestimated the clinical benefits of their product, SLK, compared to the established monoclonal antibody, BIMZELX.
2. Material Non-Disclosure: Key information was not disclosed regarding the effectiveness of SLK’s distinct Nanobody structure in improving patient outcomes compared to BIMZELX.
3. Profit Expectations: Statements made by the company promoted a sense of confidence regarding the financial prosperity of SLK, which experienced significant declines following negative trial results.
Consequences of Misrepresentation
On September 28, 2025, MoonLake released results from its Phase 3 VELA program, which revealed that SLK did not meet competitive efficacy benchmarks when compared to BIMZELX. Following this revelation, the stock price plummeted dramatically—by 89.9%, resulting in a price drop of $55.75, closing at $6.24 on September 29, 2025. This significant drop underscored the severe financial implications faced by investors.
What Investors Can Do
For shareholders of MoonLake who purchased shares between March 10, 2024, and September 29, 2025, this is a crucial time to consider legal action. Faruqi & Faruqi partner, James (Josh) Wilson, is actively encouraging individuals affected by the stock’s significant decline to reach out. Prospective lead plaintiffs are advised that participating in the lead plaintiff role does not affect one’s ability to receive compensation as an absent class member.
This lawsuit offers an opportunity for investors to claim potential compensation based on the perceived damages incurred as a result of MoonLake’s alleged misconduct.
Contact Information
For those interested in learning more about their legal rights regarding this matter, they can consult with Faruqi & Faruqi by calling directly at 877-247-4292 or 212-983-9330 (Ext. 1310), or by visiting their dedicated webpage for the MoonLake Immunotherapeutics class action.
Moving Forward
The law firm stresses the importance of timely response, as the deadline for submitting requests to participate in the class action is swiftly approaching. Investors who possess information about MoonLake’s operational conduct—such as former employees or whistleblowers—are also invited to share their insights. The firm assures all communications will remain confidential, advocating for investor rights and transparency in the process.
This continuing situation emphasizes the need for diligence among investors in the biotech sector. Keeping informed and acting promptly can make a substantial difference in navigating the complexities of securities law and investor protection.