Class Action Lawsuit Announced Against Inovio Pharmaceuticals
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Should l Buy INO?
Source: PRnewswire
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of investors who purchased Inovio Pharmaceuticals (NASDAQ:INO) securities between October 10, 2023, and December 26, 2025, indicating significant legal risks that could impact the company's stock performance.
- Basis of the Lawsuit: The lawsuit alleges that Inovio made false and misleading statements during the class period, failing to disclose deficiencies in the manufacturing of its CELLECTRA device, which delayed the submission of its INO-3107 Biologics License Application (BLA), thereby affecting the company's future regulatory and commercial prospects.
- Investor Losses: As the true details emerged, investors may have suffered damages, and the lawsuit provides an opportunity for affected investors to seek compensation without any out-of-pocket fees, highlighting the protective role of legal action for investor rights.
- Law Firm Credentials: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, which underscores its strength and experience in handling similar cases, potentially boosting investor confidence in the lawsuit's outcome.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy INO?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on INO
Wall Street analysts forecast INO stock price to rise
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 1.580
Low
3.00
Averages
7.33
High
13.00
Current: 1.580
Low
3.00
Averages
7.33
High
13.00
About INO
Inovio Pharmaceuticals, Inc. is a biotechnology company focused on developing and commercializing deoxyribonucleic acid (DNA) medicines to help treat and protect people from human papillomavirus (HPV)-related diseases, cancer, and infectious diseases. Its proprietary investigational CELLECTRA devices are designed to deliver the plasmids into the body’s cells for optimal effect, without the use of chemical adjuvants, lipid nanoparticles or viral vectors. Its lead candidate is INO-3107 for the treatment of recurrent respiratory papillomatosis (RRP), a chronic, rare and debilitating disease caused by HPV-6 and HPV-11. Its DNA medicines in the pipeline include INO-3112 for the Treatment of HPV-related Oropharyngeal Squamous Cell Carcinoma, VGX-3100 for the Treatment of HPV-related Cervical HSIL, VGX-3100 for the Treatment of Anal or Perianal HSIL, INO-5401 for the Treatment of Glioblastoma Multiforme (GBM), and INO-5401 for the Prevention of Cancer for People with BRCA1/2 Mutation.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit against Inovio Pharmaceuticals for securities purchases made between October 10, 2023, and December 26, 2025, potentially impacting investors' rights to compensation.
- Legal Procedure Details: Investors can apply to be lead plaintiffs by April 7, 2026, representing other members in the litigation, indicating that the legal process will continue and may affect Inovio's market performance.
- False Statement Allegations: The lawsuit alleges that Inovio made false and misleading statements during the class period, particularly regarding deficiencies in its CELLECTRA device and the prospects of the INO-3107 Biologics License Application, which may have led to investor losses.
- Law Firm Background: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and influence in handling such cases.
See More

- Class Action Filed: Bronstein, Gewirtz & Grossman LLC has initiated a class action lawsuit against Inovio Pharmaceuticals and certain officers, seeking damages for investors who acquired Inovio securities between October 10, 2023, and December 26, 2025, reflecting strong investor concerns over potential fraud.
- Allegations of False Statements: The complaint alleges that Inovio made materially false and misleading statements during the class period, particularly regarding deficiencies in the manufacturing of its CELLECTRA device and the regulatory prospects of INO-3107, severely undermining investor confidence in the company’s future.
- Uncertain Regulatory Outlook: The lawsuit indicates that Inovio is unlikely to submit the INO-3107 Biologics License Application (BLA) to the FDA by the second half of 2024, suggesting that the commercial prospects of its products have been significantly overstated, which could negatively impact stock prices and investor sentiment.
- Investor Rights Protection: Investors have until April 7, 2026, to request to be appointed as lead plaintiff, with the law firm offering legal support on a contingency fee basis, demonstrating a strong commitment to protecting investor rights and ensuring corporate accountability.
See More
- Class Action Initiation: The Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased Inovio Pharmaceuticals securities between October 10, 2023, and December 26, 2025, alleging that the company made false and misleading statements during this period, resulting in investor losses.
- Legal Procedure Requirements: Investors wishing to serve as lead plaintiffs must file their motions with the court by April 7, 2026, indicating their intent to represent other class members in the litigation, ensuring their rights are protected.
- Compensation Mechanism Explained: Investors participating in the class action may receive compensation without any upfront costs, as the law firm will operate on a contingency fee basis, alleviating the financial burden on investors.
- Regulatory Challenges for Inovio: The lawsuit claims that Inovio's manufacturing deficiencies for its CELLECTRA device diminish the likelihood of submitting the INO-3107 Biologics License Application to the FDA by the second half of 2024, thereby impacting the company's market prospects and investor confidence.
See More
- Legal Investigation Launched: Faruq & Faruqi LLP is investigating potential claims against Inovio Pharmaceuticals, particularly for investors who purchased securities between October 10, 2023, and December 26, 2025, indicating significant legal risks that could impact stock prices and investor confidence.
- Allegations of False Statements: The lawsuit alleges that Inovio and its executives violated federal securities laws by failing to disclose manufacturing deficiencies in its CELLECTRA device, which diminishes the likelihood of submitting the INO-3107 Biologics License Application to the FDA by the second half of 2024, thereby affecting the company's future market prospects.
- FDA Review Dynamics: Although Inovio announced on December 29, 2025, that its INO-3107 Biologics License Application was accepted by the FDA, the agency noted that the company did not provide adequate information to justify eligibility for accelerated approval, leading to a 24.45% drop in stock price, reflecting market concerns over regulatory prospects.
- Investor Rights Protection: Faruq & Faruqi LLP reminds investors that April 7, 2026, is the deadline to apply to become the lead plaintiff in the federal securities class action, emphasizing the importance of investor participation in legal proceedings and potential economic recovery opportunities.
See More
- Class Action Reminder: The Schall Law Firm reminds investors of a class action lawsuit against Inovio Pharmaceuticals for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between October 10, 2023, and December 26, 2025, with a deadline to contact the firm by April 7, 2026.
- False Statements Allegations: The complaint alleges that Inovio made false and misleading statements regarding manufacturing deficiencies of its CELLECTRA device and indicated that it was unlikely to file the INO-3107 BLA by the second half of 2024, resulting in investor losses when the truth emerged.
- Legal Proceedings Status: The class action has not yet been certified, meaning investors are not represented by an attorney until certification occurs; those who take no action will remain absent class members and may miss out on potential recovery.
- Investor Rights Protection: The Schall Law Firm specializes in securities class action lawsuits and encourages affected investors to reach out for free consultations to discuss their rights and seek recovery of their losses.
See More
- Lawsuit Background: Robbins LLP reminds shareholders of a class action filed on behalf of all individuals who purchased Inovio Pharmaceuticals (NASDAQ: INO) securities between October 10, 2023, and December 26, 2025, alleging the company misled investors regarding the approval of its CELLECTRA device.
- Manufacturing Defect Disclosure: According to the complaint, Inovio admitted in its August 8, 2024, earnings report that due to manufacturing issues with the CELLECTRA device, it would delay the submission of the INO-3107 Biologics License Application (BLA) to the FDA until mid-2025, a full year later than initially projected, causing a 3.1% drop in stock price.
- Regulatory Outlook Deterioration: On December 29, 2025, Inovio announced that the FDA accepted the INO-3107 BLA on a standard review timeline rather than an accelerated one, indicating the company failed to provide adequate information to justify eligibility for accelerated approval, leading to a further 24.45% decline in stock price.
- Shareholder Action Guidance: Shareholders wishing to serve as lead plaintiffs in the class action must submit their papers to the court by April 7, 2026, with Robbins LLP offering contingency fee representation, ensuring shareholders incur no costs in the litigation.
See More




