Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, June 26, 2025 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises Rocket Pharmaceuticals, Inc. (“Rocket Pharmaceuticals” or the “Company”) (NASDAQ: RCKT) investors of a class action representing investors that bought securities between February 27, 2025 and May 26, 2025, inclusive (the “Class Period”). Tempus AI investors have until August 11, 2025 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
CASE ALLEGATIONS: Rocket Pharmaceuticals is a late-stage biotechnology company developing gene therapies for rare and serious diseases.
According to the class action lawsuit, Rocket Pharmaceuticals provided investors with updates on its Phase 2 pivotal trial of RP-A501 for the treatment of Danon disease, while simultaneously making materially false and misleading statements and/or omitting key adverse facts regarding the trial’s safety and protocol. Specifically, the Complaint alleges that Rocket Pharmaceuticals was aware of the risk of Serious Adverse Events (SAEs), including patient deaths, yet failed to fully inform investors. The company allegedly amended the trial protocol to include a novel immunomodulatory agent in the pretreatment regimen but did not disclose this critical change to shareholders.
The lawsuit further claims that on May 27, 2025, Rocket Pharmaceuticals announced that the U.S. Food and Drug Administration had placed a clinical hold on the RP-A501 Phase 2 trial following the death of a participant who had received treatment under the amended protocol. This protocol revision had not been previously disclosed to investors. Following the announcement, Rocket Pharmaceuticals’ stock price declined, according to the Complaint.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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