Altimmune, Inc. (NASDAQ: ALT) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit
Altimmune, Inc. (NASDAQ: ALT) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit |
[01-October-2025] |
PHILADELPHIA, Oct. 1, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against Altimmune Inc. (NASDAQ: ALT) ("Altimmune" or the "Company") on behalf of investors who purchased or otherwise acquired publicly traded securities of Altimmune between August 10, 2023 through June 25, 2025 (the "Class Period"). Investor Deadline: Investors who purchased or acquired Altimmune securities during the Class Period may, no later than October 6, 2025, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE. Altimmune, headquartered in Gaithersburg, Maryland, is a clinical-stage biopharmaceutical company focused on developing therapeutics for obesity and liver disease, including MASH (metabolic dysfunction-associated steatohepatitis). According to the complaint, on June 26, 2025, Altimmune issued a press release announcing topline results from its IMPACT Phase 2b trial of Pemvidutide for the treatment of MASH. Despite management's repeated positive statements ahead of the results, the Company revealed a failure to achieve statistical significance in the fibrosis reduction primary endpoint, citing a higher-than-expected placebo response. While a positive trend was observed, this key metric fell short. Following this announcement, Altimmune's stock price sharply dropped 53.2% in a single day, from a close of $7.71 on June 25, 2025, to a close of $3.61 on June 26, 2025. If you are an Altimmune investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at aabramowitz@bergermontague.com or (215) 875-3015, or Caitlin Adorni at cadorni@bergermontague.com or (267)764-4865. About Berger Montague For more information or to discuss your rights, please contact: Caitlin Adorni
SOURCE Berger Montague | ||
Company Codes: NASDAQ-NMS:ALT |