A class action lawsuit has been filed against Moonlake Immunotherapeutics on behalf of investors who suffered losses between March 10, 2024, and September 29, 2025, due to alleged securities fraud. The complaint alleges that the company made false statements or concealed information regarding its sole drug candidate, SLK. Specifically, it is claimed that SLK and BIMZELX target the same inflammatory cytokines, and that SLK's unique Nanobody structure would not provide a clinical benefit or increased efficacy over BIMZELX's traditional monoclonal structure. The lawsuit asserts that Moonlake lacked a reasonable basis for its positive statements about SLK's purported superiority. The law firm Levi & Korsinsky is representing shareholders in this case.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Moonlake Immunotherapeutics published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1098186) on November 07, 2025, and is solely responsible for the information contained therein.
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