uniQure Faces Securities Lawsuit Over FDA Disclosure Gap; Lead Plaintiff Deadline Set

GlobeNewswire Inc.GlobeNewswire Inc.
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Key Takeaway

uniQure faces securities lawsuit over failing to disclose that FDA rejected its gene therapy candidate AMT-130, causing stock to plunge 49%. Lead plaintiff deadline set for April 13, 2026.

uniQure Faces Securities Lawsuit Over FDA Disclosure Gap; Lead Plaintiff Deadline Set

uniQure N.V. is the subject of a class action securities lawsuit stemming from allegations that the biopharmaceutical company failed to disclose material information regarding its investigational gene therapy candidate AMT-130. The company had previously indicated a high probability of receiving FDA accelerated approval designation, positioning the drug candidate as a near-term commercial prospect.

On November 3, 2025, uniQure revealed that the FDA no longer considers the Phase I/II trial data sufficient to support a Biologics License Application (BLA) submission, a significant reversal from prior communications to the market. The disclosure triggered a substantial market reaction, with uniQure's stock price declining approximately 49 percent, closing at $34.29 compared to its previous level of $67.69.

Investors seeking to assume a lead plaintiff role in the litigation must submit applications by April 13, 2026. The firm has designated this deadline for parties with documented losses exceeding $100,000 to establish standing in the case. The lawsuit centers on whether uniQure's prior statements regarding FDA approval prospects constituted material misrepresentations or omissions to shareholders.

Source: GlobeNewswire Inc.

Back to newsPublished Feb 19

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