NEW YORK, Oct. 06, 2022 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against Humanigen, Inc. (“Humanigen” or the “Company”). HGEN and some of his officers. The class action, filed in the United States District Court for the District of New Jersey and Registered at 22-cv-05258, is being brought on behalf of a class action consisting of all individuals and entities other than the defendants that purchased or otherwise acquired Humanigen securities May 12, 2021 and July 12, 2022, both dates inclusive (the “Collection Period”), in an attempt to recover damages caused by Defendants’ violations of the federal securities laws and remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder against the Company and certain of its senior officials.

If you are a shareholder who purchased or otherwise acquired Humanigen securities during the class action period, you have until October 25, 2022 to ask the court to appoint you as lead plaintiff in the class action. A copy of the complaint is available at www.pomerantzlaw.com. To discuss this promotion, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, ext. 7980. Persons inquiring by email are asked to provide their mailing address, telephone number and the number of shares purchased.

[Click here for information about joining the class action]

Humanigen is a clinical-stage biopharmaceutical company focused on preventing and treating an overreaction of the immune system called “cytokine storm,” a physiological response in which the immune system suddenly causes an uncontrolled and excessive release of pro-inflammatory signaling molecules called cytokines Release in large quantities can lead to multisystem organ failure and death. The company’s lead product candidate is its proprietary antibody lenzilumab, which is used, among other things, to treat…