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NEW YORK and NEW ORLEANS, April 24, 2026 /PRNewswire/ — Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announced that KSF has commenced an investigation into Humacyte, Inc. (NasdaqGS: HUMA) (“Humacyte” or the “Company”).
On August 9, 2024, Humacyte disclosed that the U.S. Food and Drug Administration (FDA) would require additional time to complete its review of its Biologic License Application (BLA) for the acellular tissue engineered vessel (ATEV) in the vascular trauma indication. The company stated that, during the BLA review, the FDA conducted inspections of its manufacturing facilities and clinical sites and held multiple discussions with the company regarding the BLA filing.
On October 17, 2024, the FDA issued a Form 483 concerning Humacyte’s Durham, North Carolina facility. The filing cited multiple alleged violations, including no microbial quality assurance, no microbial testing, and inadequate quality oversight.
Following these disclosures, the Company and certain executives were sued in a securities class action lawsuit. The complaint alleges that they failed to disclose material information during the Class Period in violation of federal securities laws. The lawsuit is described as ongoing.
KSF said its investigation is focusing on whether Humacyte’s officers and/or directors breached their fiduciary duties to shareholders or otherwise violated state or federal laws.
KSF stated that individuals with information that could assist the investigation, or long-term holders of Humacyte shares who want to discuss their legal rights, may contact the firm without obligation or cost.
KSF is described as a boutique securities litigation law firm. The firm states that its partners include former Louisiana Attorney General Charles C. Foti, Jr. KSF said it was ranked by SCAS among the top 10 firms nationally based on total settlement value. The firm also states it serves public and private institutional investors and retail investors seeking recoveries for investment losses tied to corporate fraud or malfeasance by publicly traded companies. KSF lists offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
SOURCE: Kahn Swick & Foti, LLC
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