THE LAWSUIT: This lawsuit is on behalf of a class of all persons or entities who purchased or otherwise acquired Neumora common stock pursuant and/or traceable to the Offering Documents, commenced on or about September 15, 2023.
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CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: On January 2, 2025, Neumora announced its experimental depression treatment failed in the first of three studies planned by the biotech company. As part of this announcement, Neumora disclosed that navacaprant showed no difference from a placebo in treating depression symptoms in the Phase III Koastal-1 trial. Analysts expressed surprise and concern at the Company’s “worst-case scenario” for the program.
Following this news, NMRA’s stock price plummeted 81% to close at $1.97 per share on January 2, 2025.
WHAT’S NEXT? If you suffered a loss in Neumora Therapeutics, Inc. stock during the relevant time frame – even if you still hold your shares – go to https://zlk.com/pslra-1/neumora-therapeutics-inc-lawsuit-submission-form?wire=18 to learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
