A securities class action lawsuit was filed on behalf of investors who bought Soleno common stock between March 26, 2025 and November 4, 2025. The complaint alleges Soleno misled investors about safety risks and commercial viability tied to its Phase 3 program for diazoxide choline extended-release tablets (DCCR), including concerns about fluid retention. It also cites a Scorpion Capital report published on August 15, 2025, after which Soleno shares fell about 12% over two trading days. The filing says Soleno disclosed on September 10, 2025 that a patient died after taking DCCR, and the stock fell about 19% over two trading days. The complaint further states that after Soleno discussed launch disruption and higher discontinuations on November 4, 2025, the shares dropped about 27% in one day.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soleno Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603111954PRIMZONEFULLFEED9670529) on March 11, 2026, and is solely responsible for the information contained therein.
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