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The complaint alleges that Regencell was vulnerable to market manipulation, that volatility in the market for Regencell’s ordinary shares exposed investors to significant financial risk, and that the alleged misconduct subjected the company to heightened regulatory scrutiny and potential legal, monetary, and reputational harm. It further alleges that the defendants’ public statements were false and misleading at all relevant times.
The situation began on October 31, 2025, when Regencell disclosed in an SEC filing that the Department of Justice was conducting an investigation into the trading of its ordinary shares and had requested production of documents and communications related to corporate operations, finances, and accounting matters. Regencell said it expected to incur significant legal costs and may be required to pay fines or settlement costs that exceed its insurance coverage, if any.
Following the disclosure, Regencell’s share price fell by about 18.56%, closing at 13.56 on November 3, 2025.
The court-appointed lead plaintiff is described as the investor with the largest financial interest in the relief sought by the class. The firm states that any member of the putative class may move the court to serve as lead plaintiff through counsel of their choice, or may opt to do nothing and remain an absent class member. It also states that the ability to share in any recovery is not affected by the decision to serve as lead plaintiff.
Faruqi & Faruqi encourages individuals with information regarding Regencell’s conduct to contact the firm. The firm directs readers to www.faruqilaw.com/RGC or to contact Josh Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310) to learn more about the Regencell Bioscience class action.

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