
MLTX Investors Have Opportunity to Lead MoonLake Immunotherapeutics Securities Fraud Lawsuit with the Schall Law Firm
âĒBy ADMIN
Related Stocks:MLTX
LosâŊAngeles â On NovemberâŊ7,âŊ2025, the national shareholderârights litigation firm Schall Law Firm reminded investors of the pending classâaction lawsuit against MoonLake Immunotherapeutics (NASDAQ:âŊMLTX) for alleged violations of SectionsâŊ10(b) and 20(a) of the Securities Exchange Act and RuleâŊ10bâ5.
Investors who purchased MoonLake securities between MarchâŊ10,âŊ2024 and SeptemberâŊ29,âŊ2025 â the defined âClass Periodâ â are encouraged to contact the firm by DecemberâŊ15,âŊ2025 to discuss their rights.
The complaint alleges that MoonLake made false or misleading statements about its drug candidate, sonelokimab (SLK), touting its superiority over other monoclonal antibodies despite lacking proven advantages. The companyâs subsequent PhaseâŊ3 trial results, described by analysts as âdisastrousâ, reportedly led to a loss of nearlyâŊ90% in share value. As the truth emerged, investors allegedly suffered damages.
Until certification of the class, participants are not yet represented by counsel and can either join or remain passive class members.
#MoonLake #MLTX #SecuritiesFraud #ClassAction #SlimScan #GrowthStocks #CANSLIM