Mereo BioPharma Faces Securities Class Action as Lead Plaintiff Deadline Nears

Reuters

7 hours ago

Mereo BioPharma Faces Securities Class Action as Lead Plaintiff Deadline Nears

A federal securities class action has been filed against Mereo BioPharma Group plc, with investors who bought or acquired the company’s securities between June 5, 2023 and December 26, 2025 reminded that the deadline to seek appointment as lead plaintiff is April 6, 2026. The complaint alleges the company and certain executives made false or misleading statements or failed to disclose the true status of the Phase 3 ORBIT and COSMIC programs for setrusumab, which later missed their primary endpoints; Mereo’s shares fell sharply after the trial results were announced.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mereo BioPharma Group plc published the original content used to generate this news brief via Newsfile (Ref. ID: 202602232017NEWSFILECNPR____20260223_284955_1) on February 24, 2026, and is solely responsible for the information contained therein.

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