Savara Inc. (SVRA) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
SavaraSavara(US:SVRA) Prnewswire·2025-09-26 19:20

Core Viewpoint - Investors in Savara Inc. have the opportunity to lead a securities fraud class action lawsuit due to substantial losses incurred as a result of misleading statements made by the company regarding its regulatory submissions and business prospects [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that from March 7, 2024, to May 23, 2025, Savara failed to disclose critical information about the MOLBREEVI Biologics License Application (BLA), including insufficient data on its 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 the submission process beyond what was communicated to investors [3]. - The delay in regulatory approval raised the likelihood that Savara would need to seek additional capital, contradicting the positive statements made by the company regarding its business and operational prospects [3]. Investor Participation - Investors who suffered losses are encouraged to contact the Law Offices of Howard G. Smith before November 7, 2025, to participate in the ongoing class action lawsuit [2][4]. - Participation does not require immediate action; investors may choose to retain counsel or remain absent from the class action [5].