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INOVIO CLASS ACTION ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Inovio Pharmaceuticals, Inc. and Encourages Investors to Contact the Firm

Key Takeaway: A class action lawsuit has been filed against Inovio Pharmaceuticals, alleging that the company made misleading statements regarding its INO-3107 Biologics License Application (BLA) process and manufacturing practices. The lawsuit claims these statements falsely overstated the prospects for the drug's regulatory approval. As a result, Inovio's stock price fell sharply after the FDA indicated that the BLA did not meet the criteria for accelerated approval. Investors have until April 7, 2026 to apply to lead the class action lawsuit.
Price reaction · baseline $1.81 (2026-02-23 close) · hit after-hours · clean, no other INO news in the window
day 0 close · peak
+4.4%

Market Sentiment Analysis

CONCERNS & RISKS

  • A class action lawsuit has been filed against Inovio for making misleading statements regarding their manufacturing and regulatory pathway.
  • The lawsuit claims that Inovio's public statements overstated the regulatory and commercial prospects of INO-3107.
  • Inovio plans to request a meeting with the FDA after its BLA submission was deemed inadequate for accelerated approval.
  • Following negative news, Inovio's stock price dropped significantly by 24.45%.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Cash runway
~6 mo
High dilution risk
Lead asset
VGX-410
Phase 2 · Hepatitis C Virus Infection

Full Press Release Details

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Inovio (INO) To Contact Him Directly To Discuss Their Options
If you purchased or acquired Inovio securities between October 10, 2023 and December 26, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648.
Click here to participate in the action.
NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) --
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Inovio Pharmaceuticals, Inc. (“Inovio” or the “Company”) (NASDAQ:INO) in the United States District Court for the Eastern District of Pennsylvania on behalf of all persons and entities who purchased or otherwise acquired Inovio securities between October 10, 2023 and December 26, 2025, both dates inclusive (the “Class Period”). Investors have until April 7, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) manufacturing for Inovio’s CELLECTRA device was deficient; (2) accordingly, Inovio was unlikely to submit the INO-3107 Biologics License Application (“BLA”) to the U.S. Food and Drug Administration (“FDA”) by the second half of 2024; (3) Inovio had insufficient information to justify the INO-3107 BLA’s eligibility for FDA accelerated approval or priority review; (4) accordingly, INO-3107’s overall regulatory and commercial prospects were overstated; and (5) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
On December 29, 2025, the U.S. Food and Drug Administration ("FDA") announced it had accepted Inovio's Biologics License Application ("BLA") for INO-3107, a treatment for recurrent respiratory papillomatosis, on a standard review timeline. Inovio filed its BLA under the accelerated approval pathway, but the FDA stated that the Company did not submit adequate information to justify eligibility for accelerated approval. Inovio also announced it does not currently plan to seek approval under the standard review timeline, and will request a meeting with the FDA to discuss how it may still pursue accelerated approval.
On this news, Inovio's stock price fell $0.56 per share, or 24.45%, to close at $1.73 per share on December 29, 2025.
If you purchased or otherwise acquired Inovio shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.

Frequently Asked Questions

What is the class action lawsuit against Inovio about?

The lawsuit claims Inovio made false statements regarding their manufacturing and regulatory processes, misleading investors.

Who should contact Bragar Eagel & Squire?

Investors who purchased Inovio securities between October 10, 2023, and December 26, 2025, should reach out.

What happened after the FDA's announcement on INO-3107?

Inovio's stock price dropped 24.45%, closing at $1.73 per share following the FDA's standard review announcement.

Is there a deadline to join the lawsuit against Inovio?

Yes, investors must apply by April 7, 2026, to be considered as lead plaintiffs.

How can I contact Bragar Eagel & Squire for more information?

You can call them at (212) 355-4648 or email investigations@bespc.com.

Last updated: Feb 24, 2026