Inovio Pharmaceuticals Investors Alerted to Lawsuit

Rosen Law Firm reminded investors of Inovio Pharmaceuticals, Inc. (NASDAQ: INO) about an upcoming deadline to lead a securities fraud lawsuit. The suit covers a class period from October 2023 to December 2025. The deadline for investors to file as lead plaintiff is April 7, 2026.

- The lawsuit alleges that Inovio Pharmaceuticals made false or misleading statements concerning manufacturing deficiencies with its CELLECTRA device. - These alleged manufacturing issues were revealed on August 8, 2024, causing a delay in the submission of the Biologics License Application (BLA) for INO-3107, a treatment for recurrent respiratory papillomatosis. - Following the announcement of the BLA submission delay, Inovio's stock price fell 3.1% to close at $8.44 per share on August 9, 2024. - The company's stock dropped again on December 29, 2025, falling 24.45% to $1.73 per share, after disclosing that the FDA had accepted the INO-3107 application for a standard review, not the previously touted accelerated timeline. - The lead plaintiff in a class-action lawsuit is a representative party who makes key decisions about the litigation, including any potential settlements, on behalf of all investors who purchased securities during the class period. - The law firm behind the notice, Rosen Law Firm, has a history of securing large settlements in securities class-action lawsuits, including recovering $438 million for investors in 2019 alone. - Inovio has a history of stock volatility and was the subject of a previous class-action lawsuit in 2020, which alleged misleading claims about the rapid development of a COVID-19 vaccine. - An investor's eligibility to share in any potential recovery is not dependent on serving as the lead plaintiff; they can also choose to remain an absent class member.

Get your own daily briefing

Scout delivers personalized news, insights, and conversations tailored to your role and industry.

Download on the App Store

Shared from Scout - Be the smartest in the room.