Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of August 8, 2025 in PepGen Inc. Lawsuit
NEW YORK - June 24, 2025 ( NEWMEDIAWIRE ) - Levi & Korsinsky, LLP notifies investors in PepGen Inc. ('PepGen Inc.' or the 'Company') (NASDAQ: PEPG) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of PepGen Inc. investors who were adversely affected by alleged securities fraud between March 7, 2024 and March 3, 2025. Follow the link below to get more information and be contacted by a member of our team:
https://zlk.com/pslra-1/pepgen-inc-lawsuit-submission-form?prid=154038&wire=56
PEPG investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the Company's lead product candidate, PGN-EDO51, was less effective and safe than defendants had led investors to believe; (ii) phase two, CONNECT2 study was dangerous or otherwise deficient for purposes of U.S. Food and Drug Administration ('FDA') approval; (iii) as a result of all the foregoing, PepGen was likely to halt the CONNECT2 study, and PGN-EDO51's clinical, regulatory, and commercial prospects were overstated; and (iv) as a result, defendants' public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in PepGen Inc. during the relevant time frame, you have until August 8, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To learn more about this case, subscribe to the Bulls & Betrayals podcast, which features a dedicated episode unpacking the allegations against PepGen Inc.. Listen now and find out if you are eligible to join the lawsuit.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


E&E News
32 minutes ago
- E&E News
GOP releases megabill text with land sales, tax credit rollbacks
The Senate released new megabill text overnight with stricter treatment for renewable energy incentives from the Democrats' climate law — a major blow to companies and some lawmakers lobbying for more leniency. The updated legislation also includes Senate Energy and Natural Resources Chair Mike Lee's latest plan to sell certain federal public land for housing. The new Senate Finance Committee text looks a lot more like the House-passed bill when it comes to an array of contested tax credits. Advertisement It would drastically phase out wind and solar credits while maintaining incentives for Republican-friendly energy sources like nuclear and geothermal. Specifically, the bill would cut off incentives for projects that aren't 'placed in service' — or plugged into the grid — by the end of 2028. That's more aggressive than the previous Senate draft that preserved those credits for projects that merely 'start construction' by the end of the year. On the other hand, the legislation has a notable victory for hydrogen. It would extend incentives for clean hydrogen production to 2028, instead of eliminating them this year, as the previous Senate version proposed. Some provisions stayed the same. Senators kept credits for non-carbon energy sources, including nuclear, hydropower and geothermal, for projects that start construction by 2033. Senators also kept 'transferability,' which allows project sponsors to transfer credits to a third party. And the new language largely kept provisions barring companies from using materials from China or other adversary nations, while moving some deadlines for compliance sooner. The Senate parliamentarian was reviewing at least portions of this section. Companies were hoping for more lenient treatment to allow supply chains to develop. Senators continued to target wind turbines and their parts, which would no longer receive advanced manufacturing tax credits by 2028. Critical mineral incentives would be phased out, as well, except for metallurgical coal. The bill proposes moving the end of the electric vehicle tax credits to Sept. 30, up from the six-month timeline previously proposed, while credits for charging infrastructure would end in June 2026. Negotiators added a new bonus tax incentive for certain advanced nuclear power facilities built in areas with significant nuclear industry employment. A number of House and Senate defenders of the climate law credits, under intense lobbying from companies, were looking to make sure renewable energy projects had more time to benefit. But conservatives and President Donald Trump fought in the opposite direction. Public lands Lee's latest proposal would order the sale of up to 0.5 percent of Bureau of Land Management land across 11 states. Only lands that fall within five miles of a population center would be eligible, and protected lands excluded. The parliamentarian had ruled an earlier land sales plan ineligible for passage by simple majority under the budget reconciliation process. She had yet to rule on Lee's new framework Friday night. The updated text would set aside money from each sale for hunting, fishing and recreational amenities. That after outdoor advocates on the right expressed concern. Still, a number of Republican lawmakers in both chambers have balked at any public land sale plan in the megabill and would push to strip it before final passage. Other provisions The Energy and Natural Resources portion of the budget reconciliation package would still claw back Department of Energy money from the Inflation Reduction Act. However, it would expand to $1 billion a new energy dominance loan program. Energy Secretary Chris Wright had lobbied for loan office funding, particularly for nuclear projects. The broader legislation includes other IRA spending rollbacks, a decade-long delay of the methane fee and zero fees on automakers for not complying with the Department of Transportation's Corporate Average Fuel Economy (CAFE) standards. The megabill would mandate oil and gas lease sales onshore and offshore, including in Alaska's Arctic National Wildlife Refuge. The state would increasingly share the revenues from development there. Sen. Lisa Murkowski (R-Alaska) has been a holdout on several big ticket items during the negotiations, particularly related to Medicaid cuts.
Yahoo
36 minutes ago
- Yahoo
Banco Santander's (SAN) US Unit Divesting Seven Branches to Focus on Digital Banking
Banco Santander, S.A. (NYSE:SAN) is . On June 25, the company's US subsidiary, Santander Bank, announced that it had reached an agreement to sell seven of its branches in the Pennsylvania area to Community Bank N.A. A successful financial advisor giving advice to a satisfied client in an office. The divestment is part of Santander Bank's push to become a digital-first bank. Additionally, the sale underscores Santander's conviction that its customers will continue to receive quality service from Community Bank. Consequently, the sale will enable the bank to refine its physical footprint as it enhances its digital operations nationwide. Launched in 2024, the bank's digital operations under the Openbank division have attracted over $4 billion in deposits and served more than 100,000 customers. Banco Santander, S.A. (NYSE:SAN) is a global financial institution that provides a wide range of financial products and services to individuals, businesses, and organizations. These include banking, lending, investment, and insurance products, as well as support for companies and communities. While we acknowledge the potential of SAN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Yahoo
41 minutes ago
- Yahoo
Cantor Fitzgerald Maintains an Overweight Rating on Archer Aviation (ACHR), Keeps the PT Unchanged
Archer Aviation Inc. (NYSE:ACHR) is one of the 13 Best Aerospace and Defense Stocks to Invest in Now. On June 23, Cantor Fitzgerald analyst Andres Sheppard reaffirmed an Overweight rating on Archer Aviation Inc. (NYSE:ACHR) with a price target of $13.00. The price target set by Andres Sheppard reflects around 30% upside from the current level and is based on the series of partnerships that the company has forged recently. On June 19, Archer Aviation Inc. (NYSE:ACHR) announced its partnership with Jetex to develop infrastructure supporting Archer's commercial air taxi network by integrating its Midnight eVTOL aircraft into Jetex's portfolio of 40 private aircraft terminals. A technician assembling an electric aircraft, highlighting the company's manufacturing capabilities. Earlier on June 17, the company participated alongside the US Transportation Secretary and Acting FAA Administrator and announced an alliance among five countries aimed at harmonizing and accelerating the certification process for eVTOL aircraft worldwide. Moreover a day before this announcement Archer Aviation Inc. (NYSE:ACHR) had announced a strategic partnership to deploy its Midnight eVTOL aircraft in Indonesia, marking a significant step in expanding its commercial air taxi operations into Southeast Asia. Andres Sheppard suggests these partnerships are proponents of strong liquidity and key drivers for future growth. Archer Aviation Inc. (NYSE:ACHR) designs and develops electric vertical takeoff and landing (eVTOL) aircraft, primarily for urban air mobility and air taxi services. While we acknowledge the potential of ACHR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio