
MoonLake Immunotherapeutics Faces Class Action for Alleged Securities Violations
âĒBy ADMIN
Related Stocks:MLTX
LosâŊAngeles â Investors in MoonLake Immunotherapeutics (NASDAQ:âŊMLTX) are being alerted to a class action lawsuit brought by DJS Law Group LLP, alleging violations of SectionsâŊ10(b) andâŊ20(a) of the Securities Exchange Act of 1934 and RuleâŊ10bâ5.
The claim covers shares purchased between MarchâŊ10,âŊ2024, and SeptemberâŊ29,âŊ2025, with a filing deadline of DecemberâŊ15,âŊ2025.
According to the complaint, MoonLake made false and misleading statements about the effectiveness of its drug candidateâŊsonelokimab (SLK), claiming advantages over competitors despite PhaseâŊ3 trial results that analysts described as âdisastrous.â
Shareholders who purchased MLTX during the stated period are encouraged to register for case monitoringâwithout cost or obligationâto explore potential recovery of losses.
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