Inovio Pharmaceuticals Faces Securities Class Action
Analysis based on 89 articles · First reported Feb 09, 2026 · Last updated Mar 30, 2026
The market is negatively impacted by the news of a securities class action against Inovio Pharmaceuticals, leading to a significant drop in Inovio Pharmaceuticals' stock price. This event highlights regulatory scrutiny in the pharmaceutical sector, potentially increasing investor caution.
Faruqi & Faruqi, a national securities law firm, is investigating Inovio Pharmaceuticals for potential federal securities law violations. The firm is reminding investors of the April 7, 2026 deadline to seek lead plaintiff status in a class action lawsuit. The complaint alleges that Inovio Pharmaceuticals made false and misleading statements regarding deficiencies in manufacturing its CELLECTRA device, the likelihood of submitting the INO-3107 BLA to the United States===Food and Drug Administration by the second half of 2024, and insufficient information to justify accelerated approval or priority review for INO-3107. This follows the United States===Food and Drug Administration's December 29, 2025 announcement that it accepted Inovio Pharmaceuticals' BLA for INO-3107 on a standard review timeline, stating the company did not provide adequate information for accelerated approval. Inovio Pharmaceuticals' stock price fell 24.45% on this news.
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