Telix Investors Face Jan. 9 Deadline in Securities Class Action Tied to SEC, FDA Disclosures
Plaintiff firms are pressing affected shareholders to seek lead-plaintiff status before the court’s cutoff.
Overview
- Multiple law firms report a federal securities class action on behalf of investors who bought Telix securities between Feb. 21 and Aug. 28, 2025.
- Complaints allege Telix overstated progress on prostate cancer therapeutics and overstated the quality and compliance of third‑party manufacturing partners.
- Telix disclosed an SEC subpoena on July 22, 2025 regarding its development disclosures, after which ADSs fell more than 13% over two sessions, according to the filings.
- On Aug. 28, 2025 the company reported an FDA Complete Response Letter for TLX250-CDx citing CMC deficiencies and Form 483s at two third‑party sites, with ADSs dropping over 21% across two sessions.
- Filings note the case is pending in the Southern District of Indiana and investor notices from Faruqi & Faruqi, Berger Montague, Hagens Berman, Bragar Eagel & Squire, and Portnoy Law highlight the Jan. 9, 2026 lead‑plaintiff deadline.