SLNO Under Scrutiny: Pomerantz Law Firm Launches Investigation into Soleno Therapeutics Amid Vykat XR Safety Concerns
Investigation Targets Vykat XR Product Safety and Pricing
Pomerantz LLP has begun investigating Soleno Therapeutics (NASDAQ: SLNO) and its leadership following allegations regarding Vykat XR—Soleno's flagship (and only) product. These concerns were amplified after Scorpion Capital released a critical report on August 15, 2025, describing the medication as overpriced and potentially unsafe for children.
Recent Report Triggers Volatility in SLNO Stock
The fallout from the Scorpion Capital report was swift: SLNO shares dropped by $5.73, or 7.41%, closing at $71.63 on August 15, 2025. Although the company has seen significant price moves since, this episode has drawn renewed scrutiny to both the company's leadership and business practices. The ongoing legal investigation centers on whether Soleno or its executives may have committed securities fraud or engaged in unlawful conduct.
| Date | Event | Stock Price Change |
|---|---|---|
| August 15, 2025 | Scorpion Capital Report Released | -$5.73 (-7.41%) |
| September 23, 2025 | Pomerantz Investigation Announced | N/A |
Legal Action Adds New Layer of Uncertainty for Investors
Pomerantz LLP, recognized for its track record in securities and antitrust litigation, urges Soleno investors to come forward if they have information related to the case. The firm's focus is on identifying potential securities fraud or other violations of fiduciary duty, which could have broad implications for the company and its investors if substantiated.
What Should SLNO Investors Watch Next?
With both the class-action law firm and a notable short-seller raising alarms, SLNO investors are left in a precarious spot. The coming weeks may bring further volatility as more details emerge from the investigation and the company's response to both legal and product safety challenges. For those tracking SLNO, this could be a pivotal period that determines the long-term trajectory of Soleno's business and reputation.
For further information or to participate in the investigation, investors are advised to contact Danielle Peyton at Pomerantz LLP via dpeyton@pomlaw.com or 646-581-9980, ext. 7980.
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