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Law firm investigates Nuvation Bio over possible securities fraud after stock drops 25%

Market News
24 Mar 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Pomerantz LLP is investigating claims against Nuvation Bio Inc. and some of its executives for potential securities fraud following the company's disclosure of disappointing financial results and patient treatment data. Nuvation reported that 75% of treatment discontinuations for its oncology drug IBTROZI occurred in later-stage patients, impacting revenue and causing a 25.3% stock price drop. The investigation aims to determine if the company misled investors about its commercial launch and revenue prospects. Investors affected by the stock decline are encouraged to contact Pomerantz LLP for potential class action participation.

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