Immutep securities class action lawsuit
Analysis based on 158 articles · First reported May 18, 2026 · Last updated Jul 06, 2026
Immutep's stock price collapsed 82% after the trial discontinuation announcement, erasing substantial market value. The class action lawsuits may result in significant financial liability for the company, further pressuring its stock and ability to raise capital.
Multiple law firms have filed securities class action lawsuits against Immutep Limited (Nasdaq: IMMP) on behalf of investors who purchased shares between March 24, 2025 and March 12, 2026. The lawsuits allege that Immutep made false and misleading statements regarding its TACTI-004 Phase III trial of eftilagimod alfa (efti) for non-small cell lung cancer, concealing that the trial was likely to fail. On March 13, 2026, Immutep announced that an independent data monitoring committee recommended discontinuing the trial for futility, causing its ADR price to drop 82.44% from $2.76 to $0.48. Lead plaintiff deadline is July 6, 2026.
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