National plaintiffs' law firmBerger Montague PCannounces a class action lawsuit against MoonLake Immunotherapeutics (NASDAQ: MLTX) (“MoonLake” or the “Company”) on behalf of investors who purchased MoonLake shares during the period ofMarch 10, 2024 through September 29, 2025 (the “Class Period”).
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Investor Deadline: Investors who purchased MoonLakesecurities during the Class Period may, no later than December 15, 2025, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.
MoonLake is a biopharmaceutical company headquartered in Zug, Switzerland, specializing in therapies for inflammatory diseases.
According to the complaint, the Company misled investors by aggressively touting its sole drug candidate,sonelokimab (SLK), as clinically superior to competing therapies due to its Nanobody structure. However, the lawsuit alleges thatthe Company failed to disclose that SLK targets the same molecules as FDA-approved BIMZELX and offered no demonstrated clinical advantage.
According to the complaint, onSeptember 28, 2025, the Company revealedPhase 3 clinical trial data showing SLK failed to match BIMZELX's efficacy. Analysts reportedly labeled the outcome as “disastrous,” and the Company's stockcollapsed by $55.75 per share – nearly 90% – in one trading day.
If you are a MoonLake investor and would like to learn more about this action, CLICK HEREor please contact Berger Montague: Andrew Abramowitz at aabramowitz@bergermontague.com or (215) 875-3015, or Caitlin Adorni at cadorni@bergermontague.com or (267)764-4865.
About Berger MontagueBerger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
For more information or to discuss your rights, please contact:Andrew AbramowitzSenior CounselBerger Montague(215) 875-3015aabramowitz@bergermontague.com
Caitlin AdorniDirector of Portfolio & Institutional Client Monitoring ServicesBerger Montague(267) 764-4865cadorni@bergermontague.com
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