Nektar Therapeutics' stock plummeted 5.07% during intraday trading on Thursday.
The decline follows news that Pomerantz LLP has filed a securities class action lawsuit against the company and certain officers in the U.S. District Court for the Northern District of California. The lawsuit alleges that Nektar made misleading statements about enrollment compliance and protocol standards in its Phase 2b REZOLVE-AA trial for alopecia areata treatment.
The legal action seeks damages for investors who purchased Nektar securities between February 26, 2025 and December 15, 2025, alleging violations of securities laws. This development creates uncertainty around the company's clinical trial disclosures and potential legal liabilities.
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