When is the expected timeline for the lawsuit resolution and any related disclosures? | PEPG (Aug 08, 2025) | Candlesense

When is the expected timeline for the lawsuit resolution and any related disclosures?

What the press release tells us

  • Announcement date: August 8 2025 – Levi & Korsinsky, LLP filed a notice to PepGen Inc. (NASDAQ PEPG) investors about a pending securities‑fraud class action.
  • What the filing seeks: Recovery of losses incurred by investors who were “adversely affected” (the specific alleged misconduct and the exact class of investors are described in the full complaint, which was not included in the excerpt you provided).

Timeline information that is in the release

  • No specific deadline or “expected resolution” date is disclosed in the PR‑Newswire announcement.
  • The notice simply urges interested investors to “contact Levi & Korsinsky before August 8 2025” to discuss their rights. (That date is a contact‑by deadline, not a projected resolution date.)

What typically happens in a securities‑class‑action and what you can expect

Phase Typical timing (for a U.S. federal securities class action) What you’ll see in public disclosures
Filing of complaint Immediately after the “notice” (often within a few weeks of the “contact‑by” date) Press release; initial docket entry on PACER; possible “Form 8‑K – Other Events” filed with the SEC to disclose the lawsuit.
Initial disclosures & service of process 1‑2 months The company’s next Form 10‑Q (quarterly) or Form 10‑K (annual) often includes a brief “Legal Proceedings” paragraph.
Discovery (document production, depositions) 6 – 12 months (can be longer if parties contest scope) Periodic “SEC‑filed” updates (e.g., Form 10‑K/10‑Q or Form 8‑K if a material development occurs).
Motions (e.g., to dismiss, summary‑judgment motions) 12 – 18 months after filing If a motion is filed or decided, the company may issue a Form 8‑K or a press‑release‑type update.
Settlement negotiations Usually start after discovery (often 12‑24 months after filing) If a settlement is reached, the company must file a Form 8‑K “Material Definitive Agreement” and may issue a press release.
Trial (if no settlement) 2 – 3 years from the initial filing (average) Trial outcomes are disclosed in a Form 8‑K; the final settlement or judgment will also be reflected in the “Legal Proceedings” paragraph of the next Form 10‑K or 10‑Q.
Final court order / settlement distribution 3 – 5 years from filing (if it goes to trial) The final resolution appears in the “Legal Proceedings” section of the company’s next annual or quarterly report, and a final Form 8‑K may be filed when the settlement is executed.

What that means for Pep Gen (PEPG) investors right now

  1. No public resolution date: The current notice does not contain an estimated timeline for the case’s resolution or any specific future disclosure dates.
  2. Typical timeline: In the United‑states securities‑class‑action context, expect 12‑24 months to get through the initial discovery phase, followed by additional 12‑24 months for negotiations or litigation. Most class actions are settled before reaching trial, so a settlement (and the accompanying disclosures) commonly occurs within 2‑3 years after the filing date.
  3. Where to watch for updates:
    • SEC filings:
      • Form 8‑K (material event) – issued as soon as the company decides to disclose a material development (e.g., settlement, dismissal, or settlement offer).
      • Form 10‑K (annual report) and Form 10‑Q (quarterly report) – will contain a “Legal Proceedings” paragraph updating the status of the lawsuit.
    • Company press releases (often posted on the company’s website under “Investor Relations” and distributed through PR‑Newswire, Business Wire, etc.).
    • Court docket on PACER (Public Access to Court Electronic Records) – the official filings (complaint, motions, orders) are publicly available after filing.
    • Levi & Korsinsky, LLP communications – the law firm may send follow‑up notices (usually within 30‑60 days after the initial August 8 deadline) to advise whether you qualify as a member of the class and how to proceed.

What you should do now

  1. Contact the law firm by the deadline (if you have not already) to confirm:

    • Whether you meet the class‑definition criteria.
    • The firm’s anticipated timeline for filing the complaint (often within 30‑60 days after the notice date).
    • Whether the firm is aware of any settlement talks already underway (the press release does not indicate that a settlement is pending).
  2. Set up a monitoring schedule for PepGen’s SEC filings:

    • Every quarter (by the filing date of the next Form 10‑Q) and every 10‑K (annual).
    • Immediate alerts for any Form 8‑K filings (they are posted within 24 hours of the filing date).
  3. Consider consulting a securities‑law attorney if you want a personalized estimate of how long the litigation may take in your specific case (e.g., based on the size of the class, the complexity of the alleged misstatements, and the court’s docket).

Bottom line

  • No explicit resolution or disclosure timeline is provided in the press release.
  • Based on typical securities‑class‑action timelines, you can expect any substantive disclosure (settlement or trial outcome) to appear in SEC filings 12‑36 months after the case is filed, with the earliest possible public updates within the next few months (as the complaint is filed and the company makes its first “Legal Proceedings” disclosure).

Stay tuned to PepGen’s SEC filings and any communications from Levi & Korsinsky for the most accurate, up‑to‑date information.