Class Action Lawsuit Targets REGENXBIO Over Gene Therapy Claims

GlobeNewswire Inc.GlobeNewswire Inc.
|||1 min read
Key Takeaway

REGENXBIO faces class action lawsuit alleging executives made false statements about RGX-111 gene therapy's efficacy and safety, seeking shareholder damages.

Class Action Lawsuit Targets REGENXBIO Over Gene Therapy Claims

A class action lawsuit has been filed against REGENXBIO Inc. alleging that company officials made materially false and misleading statements regarding the efficacy and safety profile of RGX-111, its gene therapy candidate for treating Mucopolysaccharidosis Type I. According to the complaint, defendants lacked a reasonable basis for positive public statements about clinical trial results and overstated the therapeutic potential of the treatment.

The litigation names REGENXBIO as defendant and focuses on statements made during a specified period when the company was actively promoting the gene therapy program. Investors who purchased company securities between February 9, 2022 and January 27, 2026 may qualify as class members in the action. The lawsuit seeks to recover damages allegedly incurred by shareholders as a result of the company's purported misrepresentations.

Interested parties have until April 14, 2026 to file for lead plaintiff status in the case. Investors meeting the eligibility criteria are encouraged to review the complaint filing and understand the procedural requirements for participation.

Source: GlobeNewswire Inc.

Back to newsPublished Feb 23

Related Coverage

GlobeNewswire Inc.

FDA Expands VYVGART Approval to All Generalized Myasthenia Gravis Patients

FDA expands VYVGART approval to include seronegative myasthenia gravis patients, broadening treatment access and increasing commercial opportunity for Ultragenyx.

ARGX
GlobeNewswire Inc.

FSK Securities Fraud Lawsuit: Investors Sought for Class Action Over Misleading Statements

Schall Law Firm seeks $FSK investors for class action lawsuit alleging false statements on portfolio restructuring, valuations, and dividend strength between May 2024 and February 2026.

FSK
GlobeNewswire Inc.

Securities Fraud Investigations Target LKQ, Molina, MongoDB, and Power Solutions

Grabar Law Office investigates four companies for alleged securities fraud involving false statements about business performance, causing stock price inflation and investor losses.

MOHLKQMDB
GlobeNewswire Inc.

POET Technologies Hit with Securities Fraud Lawsuit Over PFIC Disclosure Failures

Kirby McInerney LLP files class action against POET Technologies for alleged securities fraud involving PFIC misrepresentation and confidentiality breaches, triggering steep stock declines.

POET
GlobeNewswire Inc.

LakeShore Biopharma Faces Securities Probe Over Alleged Misleading Statements

The Schall Law Firm investigates LakeShore Biopharma for alleged securities violations, including false statements and material information failures, recruiting affected shareholders.

LSBCF
GlobeNewswire Inc.

CCRN Under Investigation for Alleged Securities Violations

Schall Law Firm investigates Cross Country Healthcare ($CCRN) for alleged securities violations involving false statements or material disclosure failures to investors.

CCRN