
Pomerantz LLP is investigating Biogen Inc. for potential securities fraud following the company's announcement that its Phase 2 trial for an Alzheimer's drug, diranersen, missed its primary endpoint despite being described as "compelling." The news caused Biogen's stock to drop over 6% on May 14, 2026. The investigation targets whether Biogen and its executives engaged in unlawful business practices, with investors encouraged to join a class action lawsuit. This case highlights risks around clinical trial disclosures and their impact on stock prices.