NEW YORK, Feb. 4, 2021 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Immunovant, Inc. (“Immunovant” or the “Corporation”) (NASDAQ: IMVT). This sort of buyers are suggested to speak to Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns irrespective of whether Immunovant and selected of its officers and/or directors have engaged in securities fraud or other unlawful small business tactics.
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On February 2, 2021, Immunovant issued a push launch “announc[ing] a voluntary pause of dosing in its ongoing medical trials for IMVT-1401,” a treatment for thyroid eye illness (“TED”). Immunovant disclosed that it “has turn out to be mindful of a physiological sign consisting of elevated complete cholesterol and LDL levels in IMVT-1401-treated clients” and “[o]ut of an abundance of warning, the Company has made a decision to voluntarily pause dosing in ongoing medical experiments in both TED and in Warm Autoimmune Hemolytic Anemia, in purchase to notify clients, investigators, and regulators as perfectly as to modify the checking software.”
On this information, Immunovant’s inventory rate fell $18.22 for each share, or 42.08%, to shut at $25.08 per share on February 2, 2021.
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Robert S. Willoughby
888-476-6529 ext. 7980
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