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ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Biohaven Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BHVN
GlobeNewswire News Room· 2025-07-20 12:34
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Biohaven Ltd. securities, alleging misleading statements regarding the company's drug regulatory prospects and clinical efficacy during the specified Class Period [1][5]. Group 1: Lawsuit Details - The class action lawsuit pertains to Biohaven Ltd. securities purchased between March 24, 2023, and May 14, 2025 [1]. - Allegations include that Biohaven overstated the regulatory prospects of its drug troriluzole for treating spinocerebellar ataxia and the efficacy of BHV-7000 for bipolar disorder, which could negatively impact the company's business and financial condition [5]. Group 2: Participation Information - Investors who purchased Biohaven securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][6]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
Pomerantz Law Firm Announces the Filing of a Class Action Against Biohaven Ltd. and Certain Officers – BHVN
GlobeNewswire News Room· 2025-07-18 16:00
Core Viewpoint - A class action lawsuit has been filed against Biohaven Ltd. and certain officers for alleged violations of federal securities laws during the Class Period from March 24, 2023, to May 14, 2025, seeking damages for affected investors [1][2]. Company Overview - Biohaven is a biopharmaceutical company focused on developing therapies in immunology, neuroscience, and oncology, with notable products including troriluzole for spinocerebellar ataxia and BHV-7000 for bipolar disorder [4]. Regulatory Developments - In May 2022, a Phase 3 trial for troriluzole failed to meet its primary endpoint, yet the company continued to promote its regulatory prospects based on post-hoc analyses [5]. - Biohaven submitted a New Drug Application (NDA) for troriluzole to the FDA in May 2023, and the European Medicines Agency (EMA) accepted its Marketing Authorization Application (MAA) in October 2023 [6]. Allegations of Misleading Statements - Throughout the Class Period, Biohaven's executives allegedly made materially false and misleading statements regarding the regulatory prospects of troriluzole and BHV-7000, which were later revealed to be overstated [7]. Stock Price Reactions - Following the FDA's rejection of the troriluzole NDA on July 27, 2023, Biohaven's stock price dropped by $5.38, or 22.61%, closing at $18.42 [8]. - On March 3, 2025, after disclosing disappointing results for BHV-7000, the stock fell by $5.12, or 13.77%, to close at $32.06 [10]. - After reports of the withdrawal of the troriluzole MAA on April 25, 2025, the stock price decreased by $3.56, or 15.21%, to close at $19.84 [11]. - On May 15, 2025, following news of an extended review period for the troriluzole NDA, the stock fell by $3.84, or 19.53%, to close at $15.82 [12].
BIOHAVEN ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Biohaven Ltd.
GlobeNewswire News Room· 2025-07-17 23:02
Core Viewpoint - A class action lawsuit has been filed against Biohaven Ltd. for allegedly making materially false and misleading statements regarding its business and operations during the class period from March 24, 2023, to May 14, 2025 [1][3]. Summary by Relevant Sections Legal Action - The lawsuit is filed in the United States District Court for the District of Connecticut on behalf of all individuals and entities who purchased Biohaven securities during the specified class period [1]. - Investors have until September 12, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit [1]. Allegations - The complaint alleges that Biohaven's management overstated the regulatory prospects of its drug, troriluzole, as a treatment for SCA, and the sufficiency of data submitted for regulatory approval [3]. - It is also claimed that the efficacy and clinical prospects of another drug, BHV-7000, for treating bipolar disorder were similarly overstated [3]. - The revelations of these overstated claims are likely to have a significant negative impact on Biohaven's business and financial condition [3]. Contact Information - Investors who suffered losses or have questions regarding the lawsuit can contact Bragar Eagel & Squire, P.C. for more information [4][7].
BHVN Investor Notice: Robbins LLP Reminds Biohaven Ltd. Stockholders of the Securities Fraud Class Action Lawsuit
GlobeNewswire News Room· 2025-07-17 21:19
Group 1 - The core issue involves a class action lawsuit filed against Biohaven Ltd. on behalf of investors who acquired its securities between March 24, 2023, and May 14, 2025 [1] - The lawsuit alleges that Biohaven misled investors regarding the regulatory prospects and efficacy of its drug candidates, specifically troriluzole for spinocerebellar ataxia and BHV-7000 for bipolar disorder [2] - The complaint claims that the overstated prospects of these drug candidates are likely to have a significant negative impact on Biohaven's business and financial condition once revealed [2] Group 2 - Shareholders interested in serving as lead plaintiffs must file their papers with the court by September 12, 2025, and participation in the case is not required to be eligible for recovery [3] - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses [4] - The firm has been dedicated to helping shareholders recover losses and improve corporate governance since 2002 [4]
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Biohaven Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BHVN
GlobeNewswire News Room· 2025-07-17 19:13
Core Viewpoint - A class action lawsuit has been filed against Biohaven Ltd. for alleged misleading statements regarding its drug candidates, potentially impacting investors who purchased securities during the specified period [1][5]. Group 1: Lawsuit Details - The class action lawsuit pertains to purchasers of Biohaven securities between March 24, 2023, and May 14, 2025 [1]. - Allegations include overstated regulatory prospects for the drug troriluzole and its efficacy for treating spinocerebellar ataxia and bipolar disorder, which may have negatively affected Biohaven's business and financial condition [5]. Group 2: Investor Information - Investors who purchased Biohaven securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To participate in the class action, investors can submit their information through the provided link or contact the law firm directly [3][6]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [4]. - The firm has recovered hundreds of millions of dollars for investors, with notable achievements in previous years, including over $438 million in 2019 [4].
Rosen Law Firm Urges Biohaven Ltd. (NYSE: BHVN) Stockholders to Contact the Firm for Information About Their Rights
Prnewswire· 2025-07-16 23:09
Core Viewpoint - A class action lawsuit has been filed against Biohaven Ltd. on behalf of shareholders who purchased securities between March 24, 2023, and May 14, 2025, due to alleged misleading statements regarding the company's drug candidates [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Biohaven made false and misleading statements about the regulatory prospects of its drug troriluzole for treating spinocerebellar ataxia and the efficacy of BHV-7000 for bipolar disorder, which were overstated [5]. - Investors are encouraged to join the class action without incurring out-of-pocket fees through a contingency fee arrangement [2][3]. Group 2: Legal Representation - The Rosen Law Firm, known for its success in securities class actions, is representing the investors and has a strong track record, including recovering over $438 million for investors in 2019 alone [4]. - Investors can choose to remain absent from the class or select their own counsel, as no class has been certified yet [7].
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Biohaven
GlobeNewswire News Room· 2025-07-16 15:39
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Biohaven Ltd. due to allegations of violations of federal securities laws, particularly concerning misleading statements about the company's drug candidates and their regulatory prospects [3][5]. Group 1: Legal Investigation and Class Action - The firm is encouraging investors who suffered losses exceeding $50,000 in Biohaven between March 24, 2023, and May 14, 2025, to discuss their legal rights [1]. - A federal securities class action has been filed against Biohaven, with a deadline of September 12, 2025, for investors to seek the role of lead plaintiff [3][7]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [7]. Group 2: Allegations Against Biohaven - The complaint alleges that Biohaven and its executives made false or misleading statements regarding the regulatory prospects of the drug troriluzole for treating spinocerebellar ataxia (SCA) and the efficacy of BHV-7000 for bipolar disorder [5]. - It is claimed that the overstated regulatory prospects and clinical data could significantly negatively impact Biohaven's business and financial condition once revealed [5]. Group 3: Stock Price Impact - Following a press release on May 14, 2025, regarding the extension of the PDUFA date for troriluzole, Biohaven's stock price fell by $3.84 per share, or 19.53%, closing at $15.82 per share on May 15, 2025 [6].
BHVN Investors Have Opportunity to Lead Biohaven Ltd. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-07-16 09:10
Core Viewpoint - A class action lawsuit has been filed against Biohaven Ltd. for alleged violations of securities laws, specifically related to misleading statements about its drug candidates [1][4]. Group 1: Lawsuit Details - The lawsuit is based on allegations that Biohaven made false and misleading statements regarding the regulatory prospects of its drug candidate, troriluzole, and the efficacy of BHV-7000 for bipolar disorder [4]. - The class period for the lawsuit is defined as March 24, 2023, to May 14, 2025, during which investors are encouraged to participate if they suffered losses [2]. Group 2: Investor Information - Investors who purchased Biohaven's securities during the class period are urged to contact the Schall Law Firm before September 12, 2025, to discuss their rights [2][3]. - The class has not yet been certified, meaning that until certification occurs, affected investors are not represented by an attorney [3].
Shareholder Alert: Robbins LLP Informs Investors of the Biohaven Ltd. Corporation Class Action
Prnewswire· 2025-07-16 04:56
Core Viewpoint - A class action lawsuit has been filed against Biohaven Ltd. for allegedly misleading investors regarding the viability of its drug candidates, particularly troriluzole and BHV-7000 [1][2]. Group 1: Company Overview - Biohaven Ltd. is a biopharmaceutical company focused on developing therapies in immunology, neuroscience, and oncology [1]. - The company is working on several product candidates, including troriluzole for spinocerebellar ataxia (SCA) and BHV-7000 for bipolar disorder [1]. Group 2: Allegations - The lawsuit claims that Biohaven overstated the regulatory prospects and data sufficiency for troriluzole as a treatment for SCA [2]. - It is also alleged that the efficacy and clinical prospects of BHV-7000 for bipolar disorder were similarly overstated [2]. - The revelations from the lawsuit are expected to have a significant negative impact on Biohaven's business and financial condition [2]. Group 3: Legal Proceedings - Shareholders interested in serving as lead plaintiffs must file their papers by September 12, 2025 [3]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [3].
BHVN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Biohaven Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-07-15 20:00
Core Viewpoint - A class action lawsuit has been filed against Biohaven Ltd. for alleged violations of federal securities laws, claiming that the company made materially false and misleading statements regarding its business and operations [1][2]. Class Definition - The lawsuit seeks to recover damages for all individuals and entities that purchased Biohaven securities between March 24, 2023, and May 14, 2025, inclusive [2]. Case Details - The Complaint alleges that Defendants overstated the regulatory prospects of troriluzole as a treatment for SCA and the efficacy of BHV-7000 for bipolar disorder, which could significantly negatively impact Biohaven's business and financial condition [3]. Next Steps - Investors who suffered losses in Biohaven have until September 12, 2025, to request to be appointed as lead plaintiff in the case [4]. Cost Structure - The law firm represents investors on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that has recovered hundreds of millions of dollars for investors in securities fraud class actions [6].