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INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Soleno Therapeutics, Inc. (NASDAQ: SLNO) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

1. Edelson Lechtzin LLP investigates potential securities law violations at Soleno. 2. Allegations include providing misleading business information to investors. 3. Soleno's stock dropped over 26% due to a negative short-seller report. 4. FDA approved Soleno's drug amidst rising discontinuation rates and side effects. 5. Investors suffering losses are encouraged to contact the law firm.

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FAQ

Why Very Bearish?

The investigation suggests potential legal troubles, which typically depress stock prices, as seen with similar cases in biotech firms like Geron Corporation, whose price tumbled due to ongoing investigations.

How important is it?

The article highlights serious allegations against Soleno, potentially leading to significant stock declines given the context of past similar incidents.

Why Short Term?

Immediate market reactions to investigations often result in rapid price declines, similar to declines observed in stocks like Amarin Corporation post-legal scrutiny.

Related Companies

NEWTOWN, Pa., Nov. 10, 2025 /PRNewswire/ -- Edelson Lechtzin LLP is investigating potential violations of the federal securities laws involving Soleno Therapeutics, Inc. ("Soleno" or "the Company") (NASDAQ:SLNO), resulting from allegations of providing potentially misleading business information to the investing public.

If you have information that could assist in the Soleno Investigation or if you are a Soleno investor who suffered a loss and would like to learn more, you can provide your information HERE.

You can also contact attorney Eric Lechtzin of Edelson Lechtzin LLP by calling 844-563-5550 ext. 1, or via e-mail at elechtzin@edelson-law.com.

THE COMPANY:

Soleno Therapeutics is a biopharmaceutical company dedicated to creating innovative treatments for rare diseases.

THE ALLEGED WRONGDOING:

On March 26, 2025, the FDA authorized Soleno's VYKAT XR (diazoxide choline) for treating hyperphagia in patients four years and older with Prader-Willi syndrome. By November 4, 2025, Soleno announced an 8% discontinuation rate caused by side effects and stated that a short-seller report from mid-August had delayed the drug's rollout. Subsequently, Soleno's stock price dropped by over 26%.

ABOUT EDELSON LECHTZIN LLP: Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on class and collective litigation alleging violations of the federal antitrust laws, ERISA employee benefit plans, wage theft and unpaid overtime, consumer fraud, and dangerous and defective drugs and medical devices.

For more information, please contact:

Marc H. Edelson, Esq.

Eric Lechtzin, Esq.

EDELSON LECHTZIN LLP

411 S. State Street, Suite N-300

Newtown, PA 18940

Phone: 844-696-7492 or 215-867-2399 ext. 1

Email: medelson@edelson-law.com

Email: elechtzin@edelson-law.com

Web:  www.edelson-law.com 

This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/investigation-alert-edelson-lechtzin-llp-announces-investigation-of-soleno-therapeutics-inc-nasdaq-slno-and-encourages-investors-with-substantial-losses-or-witnesses-with-relevant-information-to-contact-the-firm-302610583.html

SOURCE Edelson Lechtzin LLP

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