Particle.news
Download on the App Store

Law Firms Urge Telix Investors to Seek Lead Plaintiff Status Before Jan. 9 Deadline

The case alleges Telix overstated prostate therapy progress plus supplier quality, with losses tied to SEC and FDA disclosures.

Overview

  • Multiple investor firms, including The Rosen Law Firm, The Gross Law Firm, and Glancy Prongay & Murray, are reminding shareholders of the January 9, 2026 deadline to move for lead-plaintiff appointment.
  • The putative class covers purchasers of Telix securities between February 21, 2025 and August 28, 2025.
  • Plaintiffs claim Telix misled investors by overstating progress on prostate cancer therapeutic candidates and the reliability of third‑party manufacturing partners.
  • Noted disclosures include a July 22, 2025 SEC subpoena regarding prostate therapeutics statements and an August 28, 2025 FDA Complete Response Letter citing CMC deficiencies, each followed by double‑digit share declines.
  • No class has been certified and the litigation is at an early stage in federal court, with lead-plaintiff motions pending.