{"id":831192,"date":"2025-03-28T12:00:21","date_gmt":"2025-03-28T16:00:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-actinium-pharmaceuticals-inc-atnm\/"},"modified":"2025-03-28T12:00:21","modified_gmt":"2025-03-28T16:00:21","slug":"gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-actinium-pharmaceuticals-inc-atnm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-actinium-pharmaceuticals-inc-atnm\/","title":{"rendered":"Gainey McKenna &amp; Egleston Announces\u00a0a Class\u00a0Action Lawsuit Has Been Filed Against Actinium Pharmaceuticals, Inc. (ATNM)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, March  28, 2025  (GLOBE NEWSWIRE) &#8212; Gainey McKenna &amp; Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Actinium Pharmaceuticals, Inc. (\u201cActinium\u201d or the \u201cCompany\u201d) (NYSE: ATNM) securities between October 31, 2022 and August 2, 2024, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for the Company\u2019s investors under the federal securities laws.<\/p>\n<p align=\"justify\"> The Complaint alleges that Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, the Complaint alleges that the Defendants failed to disclose to investors that: (1) the Company\u2019s data from Sierra Trial was unlikely to satisfy the FDA\u2019s guidelines for the acceptance and approval of the Company\u2019s Iomab-B BLA; (2) the additional analyses, including long-term follow-ups that purportedly demonstrated a trend towards improved Overall Survival that the Company provided to the FDA in an attempt to mitigate the Sierra Trial\u2019s poor OS data were unlikely to satisfy the FDA\u2019s guidelines for the acceptance and approval of the Company\u2019s Iomab-B BLA; (3) as a result, the FDA would likely refuse to review the Iomab-B BLA or, if it did consider that BLA, that the application in its current form was unlikely to be approved; and (4), as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n<p align=\"justify\">According to the Complaint, the truth began to reach the market on August 5, 2024, when the Company announced that \u201cthe analyses from the Sierra Trial do not adequately support a BLA filing for Iomab-B and requires an additional clinical study,\u201d and Actinium\u2019s stock price suffered significant declines, harming investors.<\/p>\n<p align=\"justify\">Investors who purchased or otherwise acquired shares of Actinium should contact the Firm<strong><em> prior to the May 26, 2025 <\/em><\/strong>lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.\u00a0 If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna &amp; Egleston at (212) 983-1300, or via e-mail at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_ecQKBC6XMQbrV33ZIuonn3IUGYkgfHAA5vEcipeKMlLzuTSu9k8QYidFhfN0lDVPOWcS3uABYpy6EH4qqXwbyfeNgK3yUNEgVTxJA5Ya5A=\" rel=\"nofollow\" target=\"_blank\"><u>tjmckenna@gme-law.com<\/u><\/a> or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yq3Sko8eZC3aBblzCbRXMhr6MqRUiYFlOpqH6ShO-5yj4c3HTsCA-kCt6q1Rg53JJDvH30plxVIzVIzbV_x1yGMoml_70STaGdWLPJ2EMXU=\" rel=\"nofollow\" target=\"_blank\"><u>gegleston@gme-law.com<\/u><\/a>.<\/p>\n<p align=\"justify\">Please visit our website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=QrYLavs_XOXPP8LHovehAIOzyYx433wB3JGJRgWF6mnvlfU0vslJEk4FJ3hHhy1NcyENGMtZ8W6si5VdBdCtCTRViTpXySQmhJBGLxw-8sE=\" rel=\"nofollow\" target=\"_blank\"><u>http:\/\/www.gme-law.com<\/u><\/a> for more information about the firm.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxMjg4MiM2ODM5OTAyIzIwMTc3MDQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/Zjk1Mjk3YzQtZjU2OS00YzU3LWE2MGMtMmQxMjAzOWNhMmMzLTEwMjkyNzQtMjAyNS0wMy0yOC1lbg==\/tiny\/Gainey-McKenna-Egleston.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 28, 2025 (GLOBE NEWSWIRE) &#8212; Gainey McKenna &amp; Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Actinium Pharmaceuticals, Inc. (\u201cActinium\u201d or the \u201cCompany\u201d) (NYSE: ATNM) securities between October 31, 2022 and August 2, 2024, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for the Company\u2019s investors under the federal securities laws. The Complaint alleges that Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, the Complaint alleges that the Defendants failed to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-actinium-pharmaceuticals-inc-atnm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gainey McKenna &amp; Egleston Announces\u00a0a Class\u00a0Action Lawsuit Has Been Filed Against Actinium Pharmaceuticals, Inc. (ATNM)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-831192","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gainey McKenna &amp; Egleston Announces\u00a0a Class\u00a0Action Lawsuit Has Been Filed Against Actinium Pharmaceuticals, Inc. (ATNM) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-actinium-pharmaceuticals-inc-atnm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gainey McKenna &amp; Egleston Announces\u00a0a Class\u00a0Action Lawsuit Has Been Filed Against Actinium Pharmaceuticals, Inc. (ATNM) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 28, 2025 (GLOBE NEWSWIRE) &#8212; Gainey McKenna &amp; Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Actinium Pharmaceuticals, Inc. (\u201cActinium\u201d or the \u201cCompany\u201d) (NYSE: ATNM) securities between October 31, 2022 and August 2, 2024, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for the Company\u2019s investors under the federal securities laws. The Complaint alleges that Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, the Complaint alleges that the Defendants failed to &hellip; Continue reading &quot;Gainey McKenna &amp; Egleston Announces\u00a0a Class\u00a0Action Lawsuit Has Been Filed Against Actinium Pharmaceuticals, Inc. 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