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The recent surge in securities class action lawsuits underscores a critical truth in modern investing: vigilance and proactive measures are essential to safeguarding capital and enforcing corporate accountability. For shareholders of
Pharmaceuticals (NYSE: ATNM), the upcoming deadlines of May 26 and 27, 2025, present a defining opportunity to address alleged misconduct that led to significant losses—and to protect their rights as investors.At the heart of the lawsuit is Actinium’s handling of its Phase 3 Sierra trial for Iomab-B, a treatment for relapsed or refractory acute myeloid leukemia. The company is accused of making misleading statements between October 31, 2022, and August 2, 2024, regarding the trial’s ability to meet U.S. Food and Drug Administration (FDA) requirements for a Biologics License Application (BLA). Specifically, the complaints allege that Actinium falsely claimed the Sierra trial data and subsequent analyses could secure FDA approval, even though internal documents reportedly revealed the trial’s flaws.
When the FDA formally rejected the BLA filing on August 5, 2024, the truth came to light. The stock price plummeted nearly 60% in a single day, dropping from $6.17 to $2.48—a stark illustration of the risks of relying on incomplete or misleading corporate disclosures.

Two prominent law firms—Pomerantz LLP and The Gross Law Firm—have filed class action lawsuits on behalf of affected shareholders. The lawsuits allege violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, which prohibit fraudulent statements and hold individuals accountable for aiding securities fraud.
Eligible shareholders—those who purchased shares between October 31, 2022, and August 2, 2024—are urged to act promptly. Failure to meet these deadlines could permanently bar participation in any recovery.
This case is not merely about Actinium; it exemplifies a broader principle: investors must actively defend their rights in the face of corporate missteps. Here’s why this matters:
Preventing Erosion of Capital: The 60% stock collapse demonstrates how inflated valuations, fueled by misleading claims, can vanish overnight. Investors who held shares during the class period face irreversible losses unless they seek recourse.
Accountability for Corporate Transparency: The lawsuit underscores the importance of accurate disclosures. When companies omit critical risks or overstate prospects, they distort market efficiency and harm investor confidence. Legal actions like this reinforce the need for transparency.
Strategic Risk Mitigation: For investors in high-risk sectors like biotechnology, where regulatory outcomes are pivotal, understanding how to act when misstatements occur is key. Class actions provide a low-risk pathway to recover losses without bearing the burden of individual litigation.
The path forward is clear:
Investing in biopharmaceuticals carries inherent risks, but it also demands proactive measures to mitigate those risks. For Actinium shareholders, the coming days are a critical juncture. By acting swiftly to secure their rights through the class action process, investors can protect their capital, reinforce corporate accountability, and set a precedent for transparency in an industry where regulatory outcomes often hinge on fine print.
The clock is ticking—don’t let this opportunity slip away.
Important Contacts:
- Pomerantz LLP: Contact Danielle Peyton at newaction@pomlaw.com or call (646) 581-9980, ext. 7980.
- The Gross Law Firm: Submit via
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