Security Investigation

Apellis Pharmaceuticals, Inc. (NasdaqGS: APLS)

8 Days left to seek lead plaintiff status.

Company Name:Apellis Pharmaceuticals, Inc.
Stock Symbol:NasdaqGS: APLS
Court:District of Delaware
Class Period Start:01/28/2021
Class Period End (inclusive):07/28/2023
Filing Deadline:10/02/2023

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(877) 515-1850

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 2, 2023 to file lead plaintiff applications in a securities class action lawsuit against Apellis Pharmaceuticals, Inc. (NasdaqGS: APLS).

Apellis and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On July 15, 2023, the American Society of Retina Specialists reported concerns with SYFOVRE, one of the Company’s leading therapeutic treatments for geographic atrophy, (a leading cause of blindness), based on physician reports of eye inflammation in patients treated with SYFOVRE, including six instances of occlusive retinal vasculitis, a type of inflammation that blocks blood flow through the vessels that feed the retina and that can potentially result in blindness. Then, on July 29, 2023, the Company disclosed the confirmation of a seventh event of retinal vasculitis resulting from the treatment, and also that it was evaluating an eighth reported event.

On this news, shares of Apellis fell $6.27 per share, or approximately 19.6%, from a close of $32.02 per share on July 28, 2023, to close at $25.75 per share on July 31, 2023.

If you purchased shares of Apellis and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (, or fill out the form on this page.

The case is Soderberg v. Apellis Pharmaceuticals Inc., et al., No. 23-cv-00834.