MOONLAKE CLASS ACTION LAWSUIT: AN ESSENTIAL AND HELPFUL INVESTOR GUIDE [2025]

If you purchased or acquired shares of MoonLake stock between March 10, 2024 and September 29, 2025, (Class Period) and suffered a loss you are most likely a member of the class. Call Timothy L. Miles for more information about the lead plaintiff process or any other questions you may have at no charge. 855-846-6529 or [email protected]

MOONLAKE CLASS ACTION LAWSUIT

TIMOTHY L. MILES

(855) TIM-M-LAW (855-846-6529)

FREE CASE EVALUATION

(24/7/365)

SUBMIT YOUR INFORMATION

Introduction to the MoonLake Class Action Lawsuit

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If you purchased MoonLake stock and suffered a loss call us for a free case evaluation about a MoonLake Lawsuit. (855) 846-6529
  • Who is Affected?  Purchasers or acquirers of MoonLake Immunotherapeutics (NASDAQ: MLTX) common stock between March 10, 2024 and September 29, 2025.
  • The Problem: The  MoonLake class action lawsuit alleges the defendant made false and misleading statements driving the stock price artificially up until the truth emerged and the stock plummeted and shareholders who purchased during the relevant time period and suffered a loss are entitle to damages
  • Your Action: You may be eligible to recover your losses
  • Deadline to Lead: The deadline to apply to be Lead Plaintiff is December 15, 2025

How Securities Class Actions Work

  • A lead plaintiff files the lawsuit. Usually, an individual or institutional investor who suffered a large financial loss acts as the lead plaintiff, representing the interests of all investors who were harmed. The lawsuit is typically brought by a law firm that specializes in securities litigation.
  • The lawsuit proceeds through the court. The case is filed under federal or state securities laws, like the Securities Exchange Act of 1934. The defendant company may file a motion to dismiss the case. If the case proceeds, both sides will enter a lengthy discovery phase to gather evidence.
  • Most cases end in a settlement. Rather than going to trial, the company often agrees to pay a sum of money into a common fund to be distributed to the class. The court must approve the fairness of any settlement.
  • Claims are administered. If a settlement is reached, a claims administrator is appointed to process claims and distribute funds to eligible investors. The entire process, from filing the complaint to distributing funds, can take several years. 

Overview of the MoonLake Class Action Lawsuit

  • The Lawsuit: The MoonLake class action lawsuit revolves around serious allegations of misleading investors. The claim is that the company provided inaccurate or incomplete information regarding its financial status and operations, causing financial losses to investors once the truth was revealed.
  • Consequences: If proven, these allegations could result in significant legal and financial consequences for the company.
  • Summary of Allegations: Our firm is prepared to analyze the details of the claims, including:
    • The allegations that MoonLake’s disclosures lacked transparency.
    • Whether there was a deliberate attempt to mislead investors, which could result in punitive measures.
  • A Critical Reminder for Investors
    • The MoonLake lawsuit serves as a powerful reminder of the risks associated with corporate investments and the vital importance of due diligence.
    • This case highlights how transparency and accountability are crucial for maintaining investor trust and confidence in the market. As legal proceedings continue, the findings will underscore the significance of corporate honesty in the financial world.

Allegations in the MoonLake Class Action Lawsuit

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If you purchased MoonLake stock and suffered a loss call us for a free case evaluation about a MoonLake Class Action Lawsuit. (855) 846-6529

Overview

MoonLake is a clinical stage biotechnology company that focuses on developing therapies for inflammatory skin and joint diseases. 

  • According to the complaint, MoonLake’s sole drug candidate is sonelokimab (“SLK”), which was developed primarily for the treatment of hidradenitis suppurativa (“HS”). 
  • Central to SLK’s commercial prospects was its ability to demonstrate efficacy in HS comparable or superior to Union Chimique Belge’s BIMZELX, a U.S. Food & Drug Administration-approved monoclonal antibody for the same indication, the complaint alleges.

False and Misleading Statements

The MoonLake class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

  • (i) SLK and BIMZELX share the same molecular targets (the inflammatory cytokines IL-17A and IL-17F);
  • (ii) SLK’s distinct Nanobody structure would not confer a superior clinical benefit over the traditional monoclonal structure of BIMZELX; and
  • (iii) SLK’s distinct Nanobody structure supposed increased tissue penetration would not translate to clinical efficacy.

Corrective Disclosure

The MoonLake class action lawsuit alleges that on September 28, 2025, MoonLake announced 16-week results from its Phase 3 VELA program which showed that SLK failed to demonstrate competitive efficacy relative to BIMZELX.  On this news, the price of MoonLake stock fell nearly 90%, according to the complaint.


The Lead Plaintiff Process in the MoonLake Class Action Lawsuit

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If you purchased MoonLake stock and suffered a loss call us for a free case evaluation about a MoonLake Lawsuit. (855) 846-6529

What the PSLRA means for investors

    • You can still recover even if you are not the lead plaintiff. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff.
    • Any investor can seek appointment. Any investor who purchased and suffered losses in MoonLake stock may seek appointment as a lead plaintiff in the MoonLake class action lawsuit.
    • Largest financial interest. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the class.
    • Directing the lawsuit. A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit and can select a law firm of their choice to litigate the case. 


The Lead Plaintiff Deadline in the MoonLake Class Action Lawsuit

Lead plaintiff motions for the MoonLake class action lawsuit must be filed with the court no later than December 15, 2025. When a securities class action is filed:

  • Anyone who wants to be the lead plaintiff on behalf of the class must thereafter file a motion to be appointed as lead plaintiff(s) no later than 60 days after the notice was published.


The Benefits of Serving as a Lead Plaintiff

  • Influence Strategy: Direct the lawsuit and approve all key decisions (e.g., settlement terms)Maximize Recovery: Negotiate attorney fees to increase the net recovery for the entire class.
  • Oversight: Select and oversee the law firm representing the class.
  • Zero Risk: Lead counsel covers all costs on a contingency basis; you pay nothing upfront.


The Responsibilities the Lead Plaintiff Will Have

As a lead plaintiff, you have a fiduciary duty to act in the best interests of the class. This involves a commitment of your time and attention to key aspects of the lawsuit. Your responsibilities will include:
  • Reviewing legal documents: You will review and provide feedback on important court filings before they are submitted.
  • Discussing strategy: You will work directly with lead counsel to discuss litigation strategies and key decisions.
  • Potential participation in legal events: This may include attending depositions and hearings, if necessary.


The Eligibility Criteria for Lead Plaintiff Appointment in the MoonLake Lawsuit

To be eligible for appointment as the lead plaintiff in the MoonLake Class Action Lawsuit, an investor must meet the following criteria:

  • Securities Acquisition: The investor must have been purchasers or acquirers of MoonLake Immunotherapeutics (NASDAQ: MLTX) common stock between March 10, 2024 and September 29, 2025, inclusive (the “Class Period”). 
  • Financial Losses: The investor must have suffered financial losses as a direct result of the alleged securities fraud perpetrated by MoonLake and its executives.

 

It is crucial to note that both domestic and international investors who meet these criteria are eligible to seek appointment as the lead plaintiff in the class action lawsuit, as courts have consistently recognized the rights of non-U.S. investors in securities class actions.

Options Available to Shareholders

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If you purchase stock in MoonLake stock call us for a free case evaluation in the MoonLake Class Action Lawsuit.

Shareholders in a securities class action lawsuit can choose to join the class action and receive a portion of the settlement, or they can “opt out” to pursue an independent, direct action against the company. 

Options also include selling the right to a recovery, and, in some cases, investors may be able to influence the lawsuit by voting on certain proposals, although the latter is less common and not always an option. 

  • Join the MoonLake class action lawsuit:  
    • This is the default option for eligible investors. 
    • What it is: You are included in the lawsuit and share in the recovery from a settlement.
    • Considerations: Recovery can be small (average of about 2% of losses), and payouts can take a long time due to the length of the class action and claims administration process. 

 

  • Opt out of the MoonLake class action lawsuit:  
    • This allows you to pursue a direct, individual claim.
    • What it is: You are no longer part of the class and are not bound by the class action’s settlement or outcome.

 

  • Sell the claim: 
    • It is possible to sell your right to the class action settlement recovery. 
    • What it is: You can transfer the right to the future payout to a third party in exchange for a smaller, immediate payment. 
    • Considerations: This can provide immediate liquidity, but you will not receive any money from the class action settlement. 

 

  • Vote on proposals (less common): 
    • In some instances, shareholders may have the opportunity to vote on proposals related to the class action.  
    • What it is: These are typically “ex ante” proposals before a lawsuit is filed or “ex post” proposals after a lawsuit is filed. 
    • Considerations: The ability to vote is not guaranteed and depends on the specific circumstances of the lawsuit and the company. 


Steps in the MoonLake Class Action Lawsuit

A securities class action lawsuit involves several stages, from the initial filing to the potential distribution of a settlement: 
  • Filing the Complaint: A lead plaintiff files a lawsuit on behalf of similarly affected shareholders, detailing the allegations against the company.
  • Motion to Dismiss: Defendants typically file a motion to dismiss, arguing the complaint lacks sufficient claims.
  • Discovery: If the motion to dismiss is denied, both parties gather evidence, documents, emails, and witness testimonies. This phase can be extensive.
  • Motion for Class Certification: Plaintiffs request the court to certify the lawsuit as a class action. The court assesses factors like the number of plaintiffs, commonality of claims, typicality of claims, and the adequacy of the proposed class representation.
  • Summary Judgment and Trial: Once the class is certified, the parties may file motions for summary judgment. If the case is not settled, it proceeds to trial, which is rare for securities class actions.
  • Settlement Negotiations and Approval: Most cases are resolved through settlements, negotiated between the parties, often with the help of a mediator. The court must review and grant preliminary approval to ensure the settlement is fair, adequate, and reasonable.
  • Class Notice: If the court grants preliminary approval, notice of the settlement is sent to all class members, often by mail, informing them about the terms and how to file a claim.
  • Final Approval Hearing: The court conducts a final hearing to review any objections and grant final approval of the settlement.
  • Claims Administration and Distribution: A court-appointed claims administrator manages the process of sending notices, processing claims from eligible class members, and distributing the settlement funds. The distribution is typically on a pro-rata basis based on recognized losses. 

Key considerations for class members about the MoonLake Lawsuit

  • Eligibility: Generally, investors must have purchased the stock during the specified class period and experienced financial losses.
  • Documentation: Proof of stock ownership and losses is needed to support a claim.
  • Payouts: Individual payouts depend on the recognized loss, the number of claimants, and deductions for legal and administrative costs.
  • Timeline: The process can take several years. In 2024, the average timeline for U.S. securities class action settlements was about 45.4 months, or nearly 4 years.

What Is the Securities Act of 1934?

The Securities Act of 1934 is a significant piece of legislation that was enacted in the United States to regulate the securities industry.

  • This act was passed in response to the stock market crash of 1929 and the subsequent Great Depression. Its main purpose is to protect investors by ensuring that they have access to accurate and reliable information about securities being offered for public sale.
  • The act requires companies to register with the Securities and Exchange Commission (SEC) and disclose relevant financial information to the public.
  • It also regulates the activities of brokers, dealers, and exchanges to ensure fair and transparent trading practices.

 

Overall, the Securities Act of 1934 plays a crucial role in promoting investor confidence and maintaining the integrity of the securities market

The Class Period in the MoonLake Class Action Lawsuit

In a securities class action, such as the MoonLake class action lawsuit:

  • The class period refers to the specific time frame during which the alleged fraudulent activity occurred. It is the period in which the plaintiffs claim to have suffered financial losses due to misrepresentations or omissions made by the defendants.
  • The class period is crucial in determining who can be included in the class and seek damages.
  • It typically starts when the alleged fraud was first publicly disclosed or when investors should have reasonably become aware of it.
  • The class period usually ends when the alleged fraud is revealed to the public or when the plaintiffs file a lawsuit.
  • The length of the class period can vary depending on the specific circumstances of each case.

What Damages Am I Entitled To in the MoonLake Class Action Lawsuit?

In a securities fraud case, the plaintiff’s damages are typically calculated as out-of-pocket losses.

  • These losses are expressed as the difference between:

 

  • the price at which the stock was sold and the price at which the stock would have been sold absent any artificial inflation caused by the defendant’s alleged misrepresentations or omissions.​

Steps to Take to Protect Your Investment

Gathering and Organizing Relevant Evidence

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If you purchased MoonLake stock and suffered a loss call us for a free case evaluation about a MoonLake  Lawsuit. (855) 846-6529
In a securities class action lawsuit like the one against MoonLake, evidence is the cornerstone of building a compelling case. For affected shareholders, gathering and organizing all relevant financial and investment documentation is a crucial first step.
 
The evidence will help substantiate claims of corporate misconduct and demonstrate the financial harm you may have suffered.
 
What documents do you need?
 
To prepare for the lawsuit, we recommend that you begin compiling the following records:
  • Company documents: Gather all press releases, financial statements (like 10-K and 10-Q reports), and analyst reports related to MoonLake that you have.
  • Your investment history: Meticulously document your investment history with MoonLake, including:
    • Dates of all stock purchases and sales
    • The quantities of shares bought or sold
    • The prices of each transaction
  • Communications: Compile any emails or other communications that shed light on the alleged wrongdoing.
  • Brokerage records: Collect all relevant brokerage statements and confirmation slips.
 
How to organize your records
 
Organizing this evidence will make the process smoother for both you and your legal team.
  • Start a file: Create a comprehensive file of all relevant documents.
  • Categorize and date: Organize your documents by type and date. This will help your legal counsel easily retrieve and review information.
  • Digital copies: If possible, keep digital copies of all documents in a secure location. 
 
By preparing this documentation, you not only strengthen your individual position but also contribute to the overall strength of the MoonLake class action lawsuit. This demonstrates your commitment to actively participating in the litigation process and helps lay a solid foundation for holding the company accountable. 

Staying Informed: Monitoring Case Developments

In a securities class action lawsuit, keeping up with case developments is crucial for shareholders. As the MoonLake class action lawsuit moves forward, new information can significantly impact the strategy and potential outcomes.
 
Here’s how to stay informed and well-positioned throughout the process:
 

Rely on communication with your legal team

 
  • Your attorneys will provide regular updates and analysis of the ongoing proceedings. This communication is essential for:
  • Understanding the implications of new information, such as court rulings. 
  • Assessing the potential risks and benefits of different courses of action.
  • Making informed decisions, such as whether to accept a settlement offer.
 
By maintaining an open line of communication, you can remain engaged and proactive.

Follow news and market developments

While your legal team will be your primary source of information, following news sources and industry reports can provide a broader context. This can help you:
  • Gain insights into market trends related to MoonLake lawsuit.
  • Understand broader regulatory changes that may influence the case.
  • Better anticipate shifts in the legal and financial landscape. 

Knowledge is power

In securities class actions, staying informed is a key component of successful participation. By following these steps, you can ensure you are ready to protect your interests and adapt your strategy as the MoonLake class action lawsuit progresses. 

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Rights of Investors

Investors affected by the MoonLake class action lawsuit possess specific rights that they can exercise. Understanding these rights is vital for anyone considering involvement in the lawsuit.

 

Right to Information

  • Investors have the right to receive accurate and timely updates regarding the MoonLake lawsuit.
  • This includes information on the case’s progress, potential settlements, and any necessary actions they may need to undertake.

 

Right to Participate

  • Affected investors have the right to join the MoonLake class action lawsuit.
  • This allows them to collaborate with other investors in seeking compensation for their losses without the burden of filing individual lawsuits.

 

Right to Legal Representation

  • Investors can seek legal counsel to navigate the complexities of the MoonLake class action lawsuit.
  • Legal professionals can provide guidance and support throughout the process.
  • If you suffered substantial losses and wish to serve as lead plaintiff of the MoonLake class action lawsuit, or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected].

Your Options as a WPP Shareholder:

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If you purchased WPP stock and suffered a loss call us for a free case evaluation about a WPP Lawsuit. (855) 846-6529

As a shareholder who purchased  WPP shares during the Class Period, you generally have three main options:

  1. Do Nothing (Remain a Class Member)

This is the most common option. If you take no action, you automatically remain a member of the class.

  • Benefit: You retain the right to receive compensation if the lawsuit results in a settlement or judgment.
  • Action: You must wait for the case to conclude. If a settlement is reached, you will be required to submit a Claim Form (with proof of your losses) to get a payment.   
  • Limitation: You give up your right to bring your own individual lawsuit against Sina for the claims covered by the class action.
  1. Move to be Lead Plaintiff

This option is for the shareholder with the largest financial loss who wants to take an active role.

  •     Benefit: You direct the litigation, choose and oversee the law firm, and have a voice in major decisions like settlement approval.
  •     Action: You must file a motion with the court to be appointed as Lead Plaintiff by the December 8, 2025, deadline.
  1. Exclude Yourself (Opt-Out)

You have the absolute right to exclude yourself from the class action. This is often referred to as “opting out.”

  • Benefit: By opting out, you retain your right to file your own individual lawsuit against Sina Corporation. You are not bound by the results of the class action settlement or trial.
  • Action: You must submit a formal, written request to the Claims Administrator/Clerk of the Court by a specified deadline. This deadline is usually set only after a court grants preliminary approval of a settlement. Limitation: You will not receive any money from a class action settlement or judgment. You would have to pursue the litigation on your own, incurring all legal costs and risks.

How to Exclude Yourself (Opt-Out)

  • The process for opting out is not available immediately, but only when the class has been formally certified and a settlement or trial is imminent.
  • Wait for the Class Notice: 
    • If a settlement is reached, the court will approve a Notice of Proposed Settlement that is mailed to all known class members.
      • Review the Notice: This document will contain specific, formal instructions on how to exclude yourself from the settlement.Submit a Written Request: You must draft and mail a letter stating clearly that you wish to be excluded from the class action, and inclue all identifying information (name, addreshares sold, etc.).
      • Meet the Deadline: Your exclusion request must be postmarked or received by the exact date specified in the Notice.
      • If you miss this deadline, you will automatically remain a class member.
  •  
  • If you suffered substantial losses and wish to serve as lead plaintiff of the WPP  lass action lawsuit, or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected].

Frequently Asked Questions About the MoonLake Lawsyut

What initiated the MoonLake class action lawsuit?

The MoonLake lawsuit was initiated by investors alleging that Molina Healthcare provided misleading information regarding its financial health and operations, resulting in financial losses.

How can I join the MoonLake lawsuit?

If you purchased shares during the class period and suffered a loss, then you are automatically a member of the MoonLake class lawsuit and do not need to do anything at this point unless you are considering moving for lead plaintiff.

What are the potential benefits of a MoonLake lawsuit?

Class action lawsuits like the MoonLake lawsuit allow individual investors to collectively seek justice and compensation, which might be challenging to pursue individually. They also promote corporate accountability.

How long will the MoonLake class action lawsuit take to resolve?

The duration of class action lawsuits can vary significantly, depending on the complexity of the case, legal strategies, and whether settlements are reached. It could take several months to years to resolve the MoonLake lawsuit.

Contact Timothy L. Miles Today About a MoonLake Class Action Lawsuit

The most important thing you need to know is you can call me at no charge if you wish to serve as lead plaintiff of the MoonLake class action lawsuit, or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected]. (24/7/365).

Timothy L. Miles, Esq.
Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
300 Centerview Dr. #247
Mailbox #1091
Brentwood,TN 37027
Phone: (855) Tim-MLaw (855-846-6529)
Email: [email protected]
Website: www.classactionlawyertn.com

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SUBMIT YOUR INFORMATION

MOONLAKE CLASS ACTION LAWSUIT

TIMOTHY L. MILES

(855) TIM-M-LAW (855-846-6529)

(24/7/365)