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MoonLake Immunotherapeutics faces a lawsuit for falsely claiming its drug outperformed rivals, causing stock to crash 90% after trial results revealed it didn’t.
A securities class action lawsuit has been filed against MoonLake Immunotherapeutics (MLTX) alleging the company made false or misleading claims about its drug sonelokimab (SLK) from March 10, 2024, to September 29, 2025, overstating its efficacy over competitors.
When Phase 3 trial results were released on September 28, 2025, the drug failed to demonstrate competitive benefits, triggering a nearly 90% drop in stock value.
Investors who bought MLTX stock during the class period may qualify to join the lawsuit, with a December 15, 2025, deadline to file claims.
The case is being handled by law firms specializing in securities litigation, with no cost to participate.
MoonLake Immunotherapeutics se enfrenta a una demanda por afirmar falsamente que su medicamento superó a sus rivales, causando que las acciones se desplomaran un 90% después de que los resultados del ensayo revelaran que no era así.