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Class action lawsuits

Securities Class Action Lawsuit Filed Against Replimune Group, Inc.

Strategic Insights

— 1 min read

Purchasers of Replimune securities between November 22, 2024, and July 21, 2025, may be entitled to compensation due to allegedly false and misleading statements made by the company's defendants. The securities class action lawsuit, filed by the Rosen Law Firm, claims that the defendants recklessly overstated the prospects of the IGNYTE trial, resulting in the U.S. FDA deeming the trial inadequate and not well-controlled.

Key Takeaways:

  • The lawsuit alleges that Replimune's defendants made materially false and/or misleading statements about the company's business, operations, and prospects during the Class Period.
  • The defendants allegedly failed to disclose material issues with the IGNYTE trial, which resulted in the FDA deeming the trial inadequate and not well-controlled.
  • Investors who purchased Replimune securities during the Class Period may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
  • The Rosen Law Firm has achieved significant settlements and recognition, including the largest ever securities class action settlement against a Chinese company and a ranking of No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.
  • The firm's attorneys have been recognized by Lawdragon and Super Lawyers, and founding partner Laurence Rosen was named a Titan of Plaintiffs' Bar by law360 in 2020.

Statistics:

  • The Class Period spans from November 22, 2024, to July 21, 2025.
  • The lawsuit claims that investors suffered damages when the true details of the IGNYTE trial entered the market.
  • The Rosen Law Firm has secured over $438 million for investors in 2019 alone and has recovered hundreds of millions of dollars for investors since 2013.

Sources:

  • "Rosen Law Firm, a global investor rights law firm..." (GLOBE NEWSWIRE, Aug. 04, 2025)
  • "The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation." (The Rosen Law Firm website)
  • "Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time." (The Rosen Law Firm website)
  • "Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017." (ISS Securities Class Action Services)
  • "Founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar in 2020." (law360)

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