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Investors may sue Inovio over false claims about its device, drug timeline, and approval chances, causing stock drop after FDA rejection.
Investors who bought Inovio Pharmaceuticals (INO) stock between October 10, 2023, and December 26, 2025, may be eligible to join a class action lawsuit over alleged false or misleading statements about the company’s CELLECTRA device manufacturing, the timing of its INO-3107 drug’s FDA submission, and its prospects for accelerated approval.
The lawsuit claims these misrepresentations inflated the stock price, leading to losses when the truth emerged, including a 24.45% drop after the FDA rejected accelerated review.
A deadline of April 7, 2026, applies for those seeking to become lead plaintiff.
No fees are required upfront, as attorneys work on a contingency basis.
Los inversores pueden demandar a Inovio por afirmaciones falsas sobre su dispositivo, la línea de tiempo del medicamento y las posibilidades de aprobación, causando una caída en las acciones después del rechazo de la FDA.