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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of XOMA Royalty Corporation - XOMA
Globenewswire· 2026-01-13 21:34
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving XOMA Royalty Corporation and its officers or directors [1] Group 1: Company Overview - XOMA Royalty Corporation is listed on NASDAQ under the ticker symbol XOMA [1] - The company is involved in a partnership with Rezolute, Inc. for the development of medical treatments [3] Group 2: Recent Developments - Rezolute, Inc. announced that its Phase 3 sunRIZE study evaluating ersodetug for congenital hyperinsulinism did not meet its primary endpoint, showing only a 45% reduction in hypoglycemia events at the highest dose, which was not statistically significant compared to a 40% improvement in the placebo group [3] - The study also failed to meet its key secondary endpoint, with a 25% reduction in time spent in hypoglycemia at the 10 mg/kg dose, again not statistically significant compared to a 5% increase in the placebo group [3] - Following this announcement, XOMA's stock price dropped by $7.82 per share, or 22.76%, closing at $25.39 per share on December 19, 2025 [3]
‘We will be in court every single day’: Attorneys share pushback strategy after birthright ruling
MSNBC· 2025-06-28 16:22
Supreme Court Decision Impact - The Supreme Court's 6-3 ruling limits lower courts' ability to issue nationwide injunctions, impacting checks and balances on the executive branch [1] - Justice Sotomayor views the decision as an attack on the legal system, potentially allowing the executive branch to bypass the Constitution [3] - The ruling raises concerns about the erosion of checks and balances and the potential for executive overreach [1][3] Legal and Political Responses - Trump administration hails the decision as restoring the Constitution and curbing the power of "radical left judges" [2] - Legal options remain available, including new class certifications and temporary restraining orders, to challenge the policy [5][6] - Organizations like Forward US and Democracy Forward are committed to challenging the administration's actions in court [4][9] Concerns and Future Actions - Justice Jackson expresses alarm about the Supreme Court's "disdain for lower courts," potentially undermining governing institutions [11] - The administration has shown a willingness to defy lower court orders, raising concerns about the limits of presidential power [13][14] - Advocates are filing cases to block the birthright citizenship order, emphasizing the importance of protecting vulnerable populations [17][18] - Class action lawsuits are being utilized to provide relief to affected communities, ensuring access to justice [9][21][23]