RCKT Investors Have Opportunity to Lead Rocket Pharmaceuticals, Inc. Securities Fraud Lawsuit
- A class action lawsuit has been initiated to represent investors who purchased shares of Rocket Pharmaceuticals, Inc. from late February through late May 2025, alleging violations related to securities fraud.
- The lawsuit arises after the company announced a clinical hold by the FDA on its Phase 2 RP-A501 trial on May 27, 2025, following serious adverse events including a patient death.
- The complaint claims defendants gave overwhelmingly positive but materially false statements and concealed adverse facts about RP-A501’s safety and trial protocol, causing shares to crash over 60% on May 27, 2025.
- Investors may seek compensation without out-of-pocket fees by moving to serve as lead plaintiff by August 11, 2025, with Rosen Law Firm experienced in recovering hundreds of millions for investors.
- The case highlights the risks in clinical drug development and could result in significant recovery for affected investors if the claims of misrepresentation and concealment prove true.
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61 Articles
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