Investors Cautioned About Altimmune, Inc. Securities Fraud Suit

On September 22, 2025, the Schall Law Firm issued a reminder for investors of Altimmune, Inc. regarding a significant class action lawsuit that has emerged surrounding allegations of securities fraud. The action targets violations linked to sections 10(b) and 20(a) of the Securities Exchange Act of 1934, alongside Regulation 10b-5 set forth by the U.S. Securities and Exchange Commission (SEC). Investors who acquired Altimmune securities during the specified period from August 10, 2023, to June 25, 2025, are encouraged to reach out to the firm before the October 6, 2025, deadline.

The class action revolves around significant claims made by the Company, including assertions regarding the efficacy of its drug candidate Pemvidutide. Problems arose when results from the Phase 2B MASH trial revealed that the drug did not meet its primary endpoint, leading to the conclusion that the statements made by Altimmune were misleading. Despite these results, Altimmune maintained an optimistic stance, suggesting future trials would yield better outcomes while downplaying the implications of the initial failure. This controversy has caused considerable concern among investors, resulting in substantial financial losses for many.

Shareholders who feel they have been adversely affected by the company’s actions are urged to consider participation in this class action. The Schall Law Firm emphasizes that joining the lawsuit offers an opportunity for investors to potentially recover their losses incurred during the pertinent period. As of now, the class itself has yet to receive certification, which is a necessary step before formal representation can take place.

For those who wish to discuss their rights and the potential implications of the lawsuit, the Schall Law Firm offers complimentary consultations. Interested parties can contact Brian Schall at the firm’s Los Angeles office or visit their website for additional information. However, investors must act swiftly as the deadline for effective participation approaches.

The ongoing case highlights systemic issues within securities regulation, prompting discussion about the responsibilities companies hold in representing their investment opportunities truthfully. The transparency and integrity with which firms communicate their successes and failures are critical in safeguarding investor interests. As Altimmune’s situation unfolds, many shareholders are keenly monitoring developments in the case, aware that the resolution may influence both their financial standing and the broader market approach to corporate disclosures.

As this lawsuit progresses, the Schall Law Firm is poised to provide representation to investors around the globe, advocating for shareholder rights and striving towards justice and accountability. For further updates, stakeholders should stay tuned to communications from the firm or visit their online platforms.

Topics Financial Services & Investing)

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