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Class action lawsuit filed against Ultragenyx over failed drug trials and stock price drops

Market News
24 Mar 2026
GlobeNewsWire
View Source
Bearish
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Pomerantz LLP has filed a class action lawsuit against Ultragenyx Pharmaceutical Inc., alleging securities fraud related to failed Phase III drug trials. The lawsuit follows significant stock price declines after Ultragenyx announced disappointing trial results for its drug UX143, which did not meet primary endpoints. Investors who bought Ultragenyx shares during the class period have until April 6, 2026, to join the lawsuit. This legal action highlights risks investors face when clinical trial outcomes impact biotech stocks.

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