ALERT: Shareholders Warned of Securities Fraud

A securities fraud class action lawsuit has been filed against PepGen Inc. (NASDAQ: PEPG), according to a shareholder alert from Bernstein Liebhard LLP. Investors are urged to consider their legal options in light of this development.

PepGen Inc., a biopharmaceutical company, focuses on developing therapies for individuals with neuromuscular diseases. The class action lawsuit claims that the company made false and misleading statements regarding the efficacy of its lead product candidate in treating Duchenne muscular dystrophy (DMD). These alleged misrepresentations artificially inflated PepGen’s stock prices.

The lawsuit alleges that PepGen failed to disclose that its lead product candidate lacked the requisite data and scientific support necessary for regulatory approval. Furthermore, the company is accused of engaging in a scheme to artificially inflate its stock prices by disseminating misleading statements about the drug’s effectiveness in treating DMD.

As a result of these alleged misrepresentations, PepGen’s stock price saw a significant decline when the truth about the drug’s efficacy came to light. Investors who suffered losses as a result of investing in PepGen stock may be eligible to participate in the securities fraud class action lawsuit.

Investors who purchased PepGen stock between February 9, 2021, and October 28, 2021, are encouraged to contact Bernstein Liebhard LLP to discuss their legal rights. The law firm is investigating whether PepGen and its executives violated securities laws by making false and misleading statements regarding the company’s lead product candidate.

Shareholders who suffered financial losses due to their investment in PepGen stock may be entitled to recover damages through the securities fraud class action lawsuit. It is important for investors to act promptly and seek legal counsel to protect their rights in this matter.

In conclusion, investors should be aware of the securities fraud class action lawsuit filed against PepGen Inc. and consider their legal options if they have suffered financial losses as a result of investing in the company. Seeking guidance from legal professionals can be crucial in navigating this complex situation and potentially recovering damages incurred.