The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Verrica Pharmaceuticals Inc. (“Verrica” or “the Company”) (NASDAQ: VRCA) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Verrica suffered from manufacturing problems at its contract manufacturer’s facility during bulk production of its lead product candidate, VP-102. These deficiencies had not been successfully remediated when the Company resubmitted its NDA for VP-102 to the FDA. This failure was likely to impact the chances of regulatory approval for the Company’s product candidate. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Verrica, investors suffered damages.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at firstname.lastname@example.org.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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The Schall Law Firm
Brian Schall, Esq.