REGENXBIO Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - RGNX
MWN-AI** Summary
REGENXBIO Inc. (NASDAQ: RGNX) is facing a class-action lawsuit for alleged securities law violations, initiated by law firm Levi & Korsinsky, LLP. The lawsuit seeks to represent investors who suffered losses due to alleged securities fraud that occurred from February 9, 2022, to January 27, 2026. Central to the complaint are claims that REGENXBIO misled investors regarding the development and commercial prospects of its gene therapy product candidate, RGX-111, designed to treat severe Mucopolysaccharidosis Type I, or Hurler syndrome.
The lawsuit alleges that REGENXBIO made overly optimistic statements about RGX-111's trial outcomes based on positive data from ongoing studies while failing to disclose critical safety and efficacy concerns. A significant turning point came on January 28, 2026, when the company announced that the FDA had imposed a clinical hold on RGX-111 after a participant in the Phase I/II study developed an intraventricular CNS tumor. This news triggered a dramatic decline in REGENXBIO’s stock price, plummeting 17.8% in just one day, from $13.41 to $11.01 per share.
Investors affected by these events have until April 14, 2026, to claim their rights to compensation and potentially be appointed as lead plaintiffs in the case. Participation in the lawsuit is at no cost to investors. Levi & Korsinsky, with over 20 years of experience and a strong track record in securities litigation, encourages impacted investors to reach out for more information. They can do so via email at jlevi@levikorsinsky.com or by calling (212) 363-7500.
MWN-AI** Analysis
**Market Analysis and Advice on REGENXBIO Inc. (RGNX)**
REGENXBIO Inc. (NASDAQ: RGNX) is currently facing a class action lawsuit alleging securities law violations. The suit arises from claims that the company misled investors about its key product candidate, RGX-111, a gene therapy intended for treating Hurler syndrome. Recent developments, particularly the FDA placing a clinical hold on RGX-111 after a serious adverse event (an intracranial tumor) was reported, have sharply impacted the stock price, driving it down nearly 18% in just one day.
For current and potential investors, it's crucial to approach RGNX with caution. The implications of the lawsuit may not only affect the company's market reputation but also its operational trajectory. Legal proceedings can extend over months or even years, creating uncertainty in the stock's performance during this time. Therefore, investors should closely monitor the developments concerning the lawsuit and any updates on RGX-111's clinical status.
Investors impacted by the stock’s decline during the alleged fraudulent period should consider reaching out to legal counsel, such as Levi & Korsinsky, to explore potential recovery options. The firm has a history of successful litigation in securities claims and could provide insights into the viability of individual claims within the context of the class action.
For those contemplating holding RGNX shares, it may be prudent to reassess the portfolio’s exposure to biotech stocks given the current regulatory scrutiny and market volatility. Lastly, with RGNX's share price at $11.01, investors should evaluate if the stock’s current value reflects its potential recovery prospects or if the legal risks outweigh possible gains. In summary, exercise due diligence and prepare for extended volatility as the situation evolves.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
REGENXBIO Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - RGNX
PR Newswire
NEW YORK, March 4, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in REGENXBIO Inc. ("REGENXBIO" or the "Company") (NASDAQ: RGNX) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of REGENXBIO investors who were adversely affected by alleged securities fraud between February 9, 2022 and January 27, 2026. Follow the link below to get more information and be contacted by a member of our team:
https://zlk.com/pslra-1/regenxbio-inc-lawsuit-submission-form?prid=183986&wire=4
RGNX investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: According to the complaint, defendants provided investors with material information concerning REGENXBIO's plan to develop and commercialize its product candidate RGX-111, a one-time gene therapy for the treatment of severe Mucopolysaccharidosis Type I, also known as Hurler syndrome. Defendants' statements included, among other things, REGENXBIO's positive assertions of RGX-111's future trial success based on continuing positive biomarker and safety data from the ongoing PhaseI/II study. 3. Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating false and misleading statements and/or concealing material adverse facts concerning the efficacy and safety of its RGX-111 trial study. On January 28, 2026, REGENXBIO issued a press release announcing that the FDA placed a clinical hold on its investigational gene therapy RGX-111. Defendants announced that an intraventricular CNS tumor was found in a participant treated in its RGX-111 Phase I/II study. Following this news, the price of REGENXBIO's common stock declined from a closing market price of $13.41 per share on January 27, 2026, REGENXBIO's stock price fell to $11.01 per share on January 28, 2026, a decline of 17.8% in the span of just a single day.
WHAT'S NEXT? If you suffered a loss in REGENXBIO during the relevant time frame, you have until April 14, 2026 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP
FAQ**
What specific material information did REGENXBIO Inc. (RGNX) allegedly conceal regarding the efficacy and safety of the RGX-1trial that led to the securities law violations?
How might the FDA's clinical hold on RGX-111 affect REGENXBIO Inc. (RGNX) and its potential for future investments, considering the recent lawsuit filed against the company?
What steps are being taken by Levi & Korsinsky to support investors in REGENXBIO Inc. (RGNX) who suffered losses during the class action period from February 9, 2022, to January 27, 2026?
What has been the historical performance of REGENXBIO Inc. (RGNX) stock prior to the announcement of the FDA's clinical hold, and how do analysts view the company's future prospects in light of the ongoing lawsuit?
**MWN-AI FAQ is based on asking OpenAI questions about REGENXBIO Inc. (NASDAQ: RGNX).
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