Pomerantz LLP Announces Class Action Litigation Filing Against Savara Inc. – SVRA

Acceswire
2025.11.01 15:00
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Pomerantz LLP has filed a class action lawsuit against Savara Inc. and certain officers in the U.S. District Court for the Eastern District of Pennsylvania. The lawsuit, covering the period from March 7, 2024, to May 23, 2025, alleges violations of federal securities laws related to misleading statements about the company's lead product candidate, MOLBREEVI. Following a refusal to file letter from the FDA regarding the Biologics License Application for MOLBREEVI, analysts have revised their price target for Savara, indicating potential financial difficulties ahead.