Investors in Capricor Therapeutics face a September 28, 2026 deadline to apply as lead plaintiff in a securities fraud class action lawsuit filed by Kahn Swick & Foti
Executive summary: Kahn Swick & Foti announced that investors in Capricor Therapeutics must file lead plaintiff applications by September 28, 2026 in a securities fraud class action lawsuit. The lead plaintiff deadline determines who can direct the litigation and influences potential settlement terms; failing to meet it excludes investors from that influential role.
Who is involved: Capricor Therapeutics (Nasdaq: CAPR), its investors, Kahn Swick & Foti LLC, and Charles C. Foti Jr. as partner.
Likely next: Investors must submit applications before the deadline; the court will then appoint a lead plaintiff and the case will proceed through discovery and potential settlement or trial.
Kahn Swick & Foti, LLC, partnered with former Louisiana Attorney General Charles C. Foti Jr., notified Capricor Therapeutics shareholders of the September 28, 2026 cutoff to submit lead plaintiff applications in a putative class action. The notice follows the firm's pattern of issuing similar deadlines for multiple companies in late August 2026. Missing the deadline bars investors from assuming the lead plaintiff role, though they may still participate as class members.
Timeline
- — Capricor Therapeutics, Inc. Notice of September 28, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline (PR Newswire)
- — Avis Budget Group, Inc. Notice of September 29, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline (PR Newswire)
- — Primoris Services Corporation Notice of September 21, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline (PR Newswire)
- — Wix.com Ltd. Notice of September 22, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline (PR Newswire)
- — Cogent Communications Holdings Securities Fraud Class Action Result of Undisclosed Demand and Backlog Issues and approximately 29% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC (PR Newswire)
Analysis — what this means
Likely next events
- September 28, 2026: Deadline for lead plaintiff applications in the Capricor Therapeutics class action.
- September 21, 2026: Deadline for lead plaintiff applications in the Avis Budget Group class action (similar notice).
- September 22, 2026: Deadline for lead plaintiff applications in the Wix.com Ltd class action.
Sectors affected
- biotechnology
- pharmaceutical
Regulatory implications
- Private Securities Litigation Reform Act (PSLRA) governs lead plaintiff selection, requiring court-approved notice periods such as the September 28 deadline.
Historical parallels
- Tesla Inc. securities class action lead plaintiff deadline was set for August 2023.
- Apple Inc. securities class action lead plaintiff deadline was set for March 2021.
Sources
- Capricor Therapeutics, Inc. Notice of September 28, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline — PR Newswire
- Avis Budget Group, Inc. Notice of September 29, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline — PR Newswire
- Primoris Services Corporation Notice of September 21, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline — PR Newswire
- Wix.com Ltd. Notice of September 22, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline — PR Newswire
- Cogent Communications Holdings Securities Fraud Class Action Result of Undisclosed Demand and Backlog Issues and approximately 29% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC — PR Newswire
Related cases
- Cogent Communications faces a securities‑fraud class action after undisclosed demand and backlog issues triggered roughly a 29% drop in its stock
- Wix faces a September 22, 2026 deadline for lead plaintiff appointments in a newly announced class action securities lawsuit, highlighting potential legal risk for the website‑builder platform
- Simply Good Foods faces securities fraud class action after undisclosed acquisition failures trigger >27% stock drop
- Primoris Services faces September 21 lead‑plaintiff deadline in securities fraud class action
- Kahn Swick & Foti alerts Avis Budget investors to a September 29, 2026 lead‑plaintiff deadline in a securities class action
- Hub Group’s erroneous financial statements trigger a securities fraud class action and a roughly 31% drop in its stock price