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PepGen faces securities fraud probe after FDA halts clinical trial, stock drops 18.57%.

Market News
02 Apr 2026
PRNewsWire
View Source
Bearish
pluang ai news

PepGen Inc. is under investigation by Pomerantz LLP for potential securities fraud following the FDA's partial clinical hold on its Phase 2 trial for a myotonic dystrophy treatment. The FDA's hold was due to concerns about preclinical pharmacology and toxicology data. This announcement caused PepGen's stock to fall 18.57%, closing at $5.50 on March 5, 2026. Investors affected by this are advised to contact Pomerantz LLP for potential class action participation.

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