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SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Savara
Globenewswire· 2025-09-21 11:14
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Savara Inc. due to allegations of violations of federal securities laws related to misleading statements about the company's Biologics License Application (BLA) for MOLBREEVI [4][6]. Group 1: Legal Investigation and Claims - The firm is encouraging investors who suffered losses exceeding $50,000 in Savara between March 7, 2024, and May 23, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Savara, with a deadline of November 7, 2025, for investors to seek the role of lead plaintiff [4][8]. - The complaint alleges that Savara and its executives made false statements regarding the MOLBREEVI BLA, including insufficient information about its chemistry and manufacturing, which likely affected FDA approval [6]. Group 2: Stock Performance and Impact - Following the announcement of a refusal to file letter from the FDA regarding the MOLBREEVI BLA on May 27, 2025, Savara's stock price dropped by $0.90 per share, or 31.69%, closing at $1.94 per share [7]. Group 3: Company Background and Recovery - Faruqi & Faruqi, LLP has a history of recovering hundreds of millions of dollars for investors since its establishment in 1995, with offices in multiple states [5]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Savara's conduct [9].
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Savara Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action– SVRA
Globenewswire· 2025-09-20 13:13
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased Savara Inc. securities between March 7, 2024, and May 23, 2025, alleging misleading statements regarding the company's drug application process [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Savara made false statements about the MOLBREEVI Biologics License Application (BLA), indicating it lacked sufficient information for FDA approval [5]. - It is alleged that the FDA was unlikely to approve the MOLBREEVI BLA in its current form, which could delay Savara's submission timeline and increase the need for additional capital [5]. - The lawsuit asserts that these misleading statements caused investors to suffer damages when the true information became public [5]. Group 2: Class Action Participation - Investors who purchased Savara securities during the class period may be entitled to compensation without upfront fees through a contingency fee arrangement [2]. - To join the class action, investors can submit a form online or contact the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by November 7, 2025, to represent the interests of the class members [1][3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has consistently ranked among the top firms for securities class action settlements since 2013, recovering hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling such cases [4].
Guggenheim Lifts Savara (SVRA) Price Target on Pulmonary Alveolar Proteinosis Opportunity
Yahoo Finance· 2025-09-20 06:43
Group 1 - Savara Inc. has been identified as a promising healthcare penny stock, with Guggenheim raising its price target from $8 to $11 while maintaining a Buy rating, following a 16% stock rally year to date [1][2] - The price target increase is supported by positive developments regarding the company's Biologics License Application (BLA), with potential FDA approval expected by mid-next year [2][3] - Savara is transitioning its primary drug manufacturing from GEMA to Fujifilm Diosynth Biotechnologies, which is significant due to Fujifilm's strong FDA track record and new claims indicating a 50% increase in the number of patients in the US with autoimmune pulmonary alveolar proteinosis (aPAP) [3][4] Group 2 - Savara Inc. is a clinical-stage biopharmaceutical company focused on developing therapies for rare respiratory diseases, particularly its lead candidate, molgramostim, an inhaled GM-CSF for aPAP [4]
Investors who lost money on Savara Inc.(SVRA) should contact Levi & Korsinsky about pending Class Action - SVRA
Prnewswire· 2025-09-19 12:45
Group 1 - Savara Inc. is facing a class action securities lawsuit as notified by Levi & Korsinsky, LLP [1]
Faruqi & Faruqi Reminds Savara Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 7, 2025 - SVRA
Prnewswire· 2025-09-18 22:13
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Savara Inc. due to allegations of violations of federal securities laws related to misleading statements about the company's Biologics License Application (BLA) for MOLBREEVI [3][4]. Group 1: Allegations Against Savara - The complaint alleges that Savara and its executives made false and misleading statements regarding the MOLBREEVI BLA, specifically that it lacked sufficient information on chemistry, manufacturing, and controls [3]. - It is claimed that the FDA was unlikely to approve the MOLBREEVI BLA in its current form, which would delay Savara's submission timeline [3]. - The delay in regulatory approval raised concerns that Savara would need to raise additional capital, making previous public statements materially false and misleading [3]. Group 2: Stock Price Impact - Following the announcement of a refusal to file letter from the FDA regarding the MOLBREEVI BLA, Savara's stock price dropped by $0.90 per share, or 31.69%, closing at $1.94 per share on May 27, 2025 [4]. Group 3: Legal Proceedings - Investors who suffered losses exceeding $50,000 in Savara between March 7, 2024, and May 23, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal options [1]. - The deadline to seek the role of lead plaintiff in the federal securities class action against Savara is November 7, 2025 [1].
Savara Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before November 7, 2025 to Discuss Your Rights – SVRA
Globenewswire· 2025-09-18 20:44
Core Viewpoint - Savara Inc. (NASDAQ: SVRA) is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its drug MOLBREEVI, which is intended for the treatment of pulmonary alveolar proteinosis [3][4]. Group 1: Allegations and Class Period - The class period for the lawsuit is from March 4, 2024, to May 23, 2025 [3]. - Allegations include that Savara failed to disclose critical information about MOLBREEVI's chemistry, manufacturing, and controls, leading to doubts about FDA approval [3]. - The complaint suggests that the delay in regulatory approval would likely necessitate Savara to raise additional capital [3]. Group 2: Shareholder Actions - Shareholders who purchased SVRA shares during the class period are encouraged to register for the class action, with a deadline of November 7, 2025, to seek lead plaintiff status [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Group 3: Law Firm's Role - The Gross Law Firm is representing the shareholders and is recognized for its commitment to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Deadline Alert: Savara Inc. (SVRA) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-09-17 17:52
Group 1 - The article highlights the upcoming deadline of November 7, 2025, for investors to file a lead plaintiff motion in a class action lawsuit concerning Savara Inc. [1] - The class action is on behalf of investors who purchased or acquired Savara securities during the specified Class Period from March 7, 2024, to May 23, 2025 [1] - Investors who suffered losses on their Savara investments are encouraged to inquire about potentially pursuing claims to recover their losses [1]
ROSEN, A LEADING LAW FIRM, Encourages Savara Inc. Investors to Secure Counsel Before Important Deadline in Securities Fraud Lawsuit – SVRA
Globenewswire· 2025-09-17 16:29
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Savara Inc. securities, alleging misleading statements regarding the company's Biologics License Application for MOLBREEVI, which may have impacted investors negatively during the specified Class Period from March 7, 2024, to May 23, 2025 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Savara Inc. made false and misleading statements about the MOLBREEVI Biologics License Application, indicating that it lacked sufficient information for FDA approval [5]. - The lawsuit suggests that the delay in regulatory approval for MOLBREEVI increased the likelihood that Savara would need to raise additional capital, which was not disclosed to investors [5]. - Investors who purchased Savara securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Next Steps for Investors - Investors interested in joining the class action can submit their information through the Rosen Law Firm's website or contact them directly for more details [3][6]. - A lead plaintiff is needed to represent the class, and interested parties must move the Court by November 7, 2025, to serve in this capacity [1][3]. Group 3: Rosen Law Firm's 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 been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
Did You Lose Money in SVRA? Shareholders Who Lost Money in SVRA Should Contact Robbins LLP for Information About the Savara Inc. Securities Class Action Lawsuit
Prnewswire· 2025-09-17 00:52
Core Viewpoint - A class action lawsuit has been filed against Savara Inc. for allegedly misleading investors regarding the viability of its lead drug candidate, MOLBREEVI, during the specified class period [1][2]. Allegations - The complaint states that Savara failed to disclose critical information about the MOLBREEVI Biologics License Application (BLA), including insufficient details on chemistry, manufacturing, and controls, which made FDA approval unlikely in its current form [2]. - The company misrepresented the timeline for completing the BLA submission, increasing the likelihood of needing additional capital due to delays in regulatory approval [2]. Stock Price Impact - Following the announcement of a refusal to file (RTF) letter from the FDA on May 27, 2025, Savara's stock price dropped by $0.90, or 31.69%, closing at $1.94 per share [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their papers by November 7, 2025, although participation is not required to be eligible for recovery [4]. Company Background - Robbins LLP is noted for its focus on shareholder rights litigation, aiming to help shareholders recover losses and improve corporate governance since 2002 [5].
SVRA Investors have Opportunity to Lead Savara Inc. Securities Fraud Lawsuit
Prnewswire· 2025-09-17 00:01
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Savara Inc. securities between March 7, 2024, and May 23, 2025, due to alleged misleading statements regarding the company's Biologics License Application for MOLBREEVI [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Savara Inc. made false and misleading statements about the MOLBREEVI BLA, indicating that it lacked sufficient information regarding its chemistry, manufacturing, and controls [5]. - The lawsuit suggests that the FDA was unlikely to approve the MOLBREEVI BLA in its current form, which could delay Savara's submission timeline and increase the need for additional capital [5]. - Investors are encouraged to join the class action without any out-of-pocket fees through a contingency fee arrangement [2][3]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has a history of significant recoveries for investors, including over $438 million in 2019 alone [4]. - Investors can join the class action by submitting a form or contacting the firm directly for more information [6].