Soleno Therapeutics Faces Securities Fraud Lawsuit
Analysis based on 180 articles · First reported Mar 09, 2026 · Last updated Apr 17, 2026
The market is negatively impacted by the news of a securities fraud lawsuit against Soleno Therapeutics, as it suggests potential financial liabilities and a loss of investor confidence. This event could lead to a decrease in Soleno Therapeutics' stock price and increased scrutiny on its drug development programs.
Rosen Law Firm and Kahn Swick & Foti are reminding investors of the May 5, 2026 lead plaintiff deadline for a class action securities lawsuit against Soleno Therapeutics. The lawsuit alleges that Soleno Therapeutics made false and misleading statements between March 26, 2025, and November 4, 2025, regarding its Phase 3 clinical trial program for diazoxide choline extended-release tablets (DCCR). Specifically, the lawsuit claims Soleno Therapeutics downplayed and concealed significant safety concerns related to DCCR, including issues of excess fluid retention in trial participants. This allegedly led to materially greater safety risks and lower commercial viability for DCCR than disclosed, impacting patient discontinuation rates, adoption, prescriber reluctance, and potentially leading to adverse regulatory action and reputational damage. Investors who purchased Soleno Therapeutics common stock during the specified period may be entitled to compensation.
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