Join the Class Action Against Altimmune, Inc.
In recent news, the Gross Law Firm has announced a significant opportunity for shareholders of
Altimmune, Inc. (NASDAQ: ALT). If you have experienced financial losses as a result of your investment in Altimmune, you may be eligible to participate in a class action lawsuit. This action aims to recover losses incurred by shareholders during a specific timeframe.
Background Information
Altimmune, Inc. is a biopharmaceutical company that focuses on developing novel therapeutics for liver diseases and immunotherapies. However, in June 2025, the company's stock price took a considerable hit. On June 26, Altimmune released the topline results from its crucial Phase 2b MASH trial of Pemvidutide, designed to target NASH (Non-Alcoholic Steatohepatitis). The trial results were disappointing, as Altimmune reported that statistical significance was not achieved in relation to the primary endpoint concerning fibrosis reduction.
Details of the Class Action
The class action suit concerns shareholders who purchased shares of
ALT between
August 10, 2023, and June 25, 2025. According to the allegations, prior to the release of the trial results, Altimmune misled investors by providing inflated expectations about the drug's efficacy. When the negative news broke, the price of Altimmune's stock plummeted by an astonishing 53.2%, dropping from
$7.71 per share to
$3.61 in just one day.
How to Join the Class Action
If you believe you are eligible to join this class action lawsuit, it's essential to take immediate action. You can express your interest and seek to become a lead plaintiff by contacting the Gross Law Firm. The deadline to register as a lead plaintiff is
October 6, 2025. Registration is crucial and can provide updates and information regarding the status of the case.
Your Next Steps
Shareholders who sign up will benefit from portfolio monitoring software, which will keep them informed throughout the litigation process. Notably, participating in the class action carries no financial obligation. The Gross Law Firm is dedicated to defending the rights of investors who have suffered losses due to misleading corporate practices.
Why Choose the Gross Law Firm?
The firm is known for its aggressive approach to holding companies accountable for misleading their investors. With a mission to restore investor confidence and protect the rights of individuals, the Gross Law Firm has established a reputation as a leading national class action law firm. Their commitment lies in ensuring that investors can recover from severe losses incurred due to false statements or omissions from company management.
Conclusion
If you have invested in Altimmune, Inc. and experienced a drop in your investments, don't hesitate to reach out to the Gross Law Firm. This is your chance to join a class action suit aiming for financial recovery. For more information, you can contact them directly:
Stay informed, act quickly, and protect your rights as an investor. Your financial recovery might just begin with this class action lawsuit against Altimmune, Inc.