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. 

[Click here for information about joining the class action]

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.&#13

The Pomerantz Business, with workplaces in New York, Chicago, Los Angeles, and Paris is acknowledged as a single of the leading corporations in the regions of company, securities, and antitrust class litigation. Established by the late Abraham L. Pomerantz, recognised as the dean of the class action bar, the Pomerantz Business pioneered the subject of securities class actions. Currently, additional than 80 decades later on, the Pomerantz Company proceeds in the custom he established, preventing for the legal rights of the victims of securities fraud, breaches of fiduciary duty, and company misconduct. The Business has recovered various multimillion-greenback damages awards on behalf of course users. See

Robert S. Willoughby
Pomerantz LLP
[email protected] 
888-476-6529 ext. 7980


Cision See first content material:—imvt-301222827.html

Supply Pomerantz LLP