Law Firms Seek Lead Plaintiffs in ImmunityBio Securities Lawsuits
Overview
- Two plaintiff firms, the Schall Law Firm and DJS Law Group, announced they are recruiting ImmunityBio investors to seek lead-plaintiff roles in newly filed stock‑fraud cases.
- The suits define a class period from January 19 to March 24, 2026 and set May 26, 2026 as the deadline to ask the court for lead‑plaintiff appointment.
- The complaints allege ImmunityBio misled investors by overstating what its drug Anktiva can do for patients with a form of non‑muscle invasive bladder cancer.
- The litigation traces to an FDA Warning Letter issued March 13 and publicized March 24 that faulted a TV ad and a podcast for implying broader or curative effects, and the disclosure lined up with a sharp share drop cited by investors.
- The class has not been certified, outcomes remain uncertain, and the press releases are attorney advertising inviting investors who say they lost money to contact the firms.