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LEGAL NEWSLINE

Tuesday, April 30, 2024

Verve Therapeutics, Inc. (NASDAQ:VERV) Investigation

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Law Firm | Unsplash by Tingey Injury Law Firm

Wolf Haldenstein Adler Freeman & Herz LLP (“Wolf Haldenstein”), a preeminent national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Verve Therapeutics, Inc. (“Verve” or “the Company”) (NASDAQ:VERV) for violations of the securities laws.

The focus of the investigation is to whether the Company issued false and/or misleading statements and/or did not disclose information pertinent to investors

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Verve is the subject of an article published by Bloomberg on April 2, 2024. According to the article, the Company “cited safety concerns for pausing enrollment in a study of its gene-editing treatment for people with high cholesterol, delivering a setback to the promising new field of medicine.”

Based on this news, shares of Verve fell by more than 40% in morning trading on the same day.

Wolf Haldenstein has experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas, and offices in New York, Chicago, Nashville, and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly lauded by the courts, which have appointed it to major positions in complex securities, multi-district and consolidated litigation.

Original source can be found here.

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