Important Announcement for Altimmune, Inc. Investors
Date: September 18, 2025
The Gross Law Firm, a prominent firm specializing in class action lawsuits, has released a crucial notice for shareholders of Altimmune, Inc. (NASDAQ: ALT). This notice pertains to those who acquired shares of ALT during a specified period and may have been affected by recent developments.
Key Details
Lead Plaintiff Deadline
Shareholders are reminded that the deadline to register as a lead plaintiff is set for
October 6, 2025. This deadline is crucial for all potential plaintiffs looking to join the class action lawsuit against Altimmune, Inc.
Class Period
The mentioned class period extends from
August 10, 2023, to June 25, 2025. Anyone who purchased shares during this timeframe is encouraged to take action.
Allegations
The lawsuit arose following Altimmune’s press release on
June 26, 2025, announcing the topline results from the
IMPACT Phase 2b MASH trial. Investors claim that prior to these disclosures, the company had consistently provided misleading and inflated expectations regarding trial outcomes. Notably, the results indicated a failure to achieve statistical significance in the primary analysis related to fibrosis reduction. While a positive trend was noted, it became clear that the placebo response exceeded expectations, leading to disappointing results. Altimmune attributed this outcome to the trial's early phase and projected better results in future phases. Following this release, the company's stock price plummeted dramatically from
$7.71 per share on June 25 to
$3.61 on June 26, marking a staggering
53.2% decline in a single day.
Next Steps for Shareholders
Shareholders who wish to participate should not hesitate. Registration for the class action lawsuit can be done through the link provided in the announcement. Once registered, participants will gain access to portfolio monitoring tools to keep them informed about the case's progression.
No Cost to Participate: It’s essential to note that there is no financial obligation to participate in the lawsuit. This is an opportunity for shareholders to seek justice and potential recovery from the financial losses incurred due to corporate misrepresentation.
Why Choose The Gross Law Firm?
The Gross Law Firm is well-recognized for its commitment to defending the rights of investors who have suffered as a result of fraudulent business practices. They aim to ensure that companies are held accountable for their actions and maintain fair business practices.
For investors wishing to learn more and get involved, the firm has provided direct contact information:
- - Email: [email protected]
- - Phone: (646) 453-8903
- - Address: The Gross Law Firm, 15 West 38th Street, 12th Floor, New York, NY 10018
In conclusion, Altimmune Inc. investors should act swiftly as the deadline approaches. Join together in seeking accountability and ensure your voice is heard in this significant legal matter.