Are there any early indications of other investors or institutions planning to join the class action, and how could that influence the case's scale?

Early signs of co‑plaintiffs

At this stage there are no public filings or press releases that confirm additional investors or institutions have formally pledged to join the PepGen (NASDAQ: PEPG) securities‑class action. The only concrete signal is the firm‑wide “final‑deadline” reminder from Faruqi & Faruqi, LLP, which is aimed at rallying any remaining qualified shareholders before the August 11 2025 cut‑off. In practice, the firm typically tracks shareholder communications (e.g., 8‑K filings, proxy‑statement comments, or direct letters to large holders) to gauge interest. Until a supplemental complaint or a “lead‑plaintiff” election is filed, the market will treat the class‑action size as still open‑ended.

Potential impact on case scale and the stock

If more sizable investors—especially institutional holders—step forward, the exposure of the case can expand dramatically. A larger class pool raises the ceiling for any eventual settlement or judgment, which in turn can increase the “potential upside” for PepGen’s equity (the market often prices in a modest upside of 5‑10 % when a settlement is likely). Conversely, a broader class also means a higher probability that the court will order a more substantial remediation (e.g., a corporate‑wide restatement, additional disclosures, or a sizable cash payment), which can depress the stock on the news‑day. Technically, PepGen has been trading in a tight range around $1.20–$1.30 with modest volume; a credible co‑plaintiff announcement would likely trigger a breakout—upward if the market views the settlement as a “win” for shareholders, or downward if the exposure looks punitive.

Actionable take‑aways

1. Watch for filings – Monitor the SEC’s EDGAR system and court dockets for any “lead‑plaintiff” election or supplemental complaint in the next 2–4 weeks.

2. Volume cue – An early surge in sell‑side volume (e.g., large institutional off‑loads) could signal that a major holder is preparing to join the suit, which often precedes a price dip.

3. Positioning – If you are long PepGen, consider a modest protective stop just below the current support (~$1.18) to guard against a sudden downside move on bad‑news. If you are short, a breakout above $1.30 on the news of a large settlement could be a short‑covering catalyst, so a tighter stop may be prudent.

In short, while no explicit co‑plaintiffs have been identified yet, the “final‑deadline” push suggests the firm is still courting additional claimants. The eventual scale of the class will be a key driver of PepGen’s near‑term risk/reward profile.