Levi & Korsinsky Announces an Investigation on Behalf of Novavax, Inc. (NVAX) Shareholders Who May Have Been Affected by Fraud
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Levi & Korsinsky has initiated an investigation into Novavax, Inc. (NVAX) for potential violations of federal securities laws. This follows the FDA's clinical hold on Novavax's combination influenza and Covid-19 shot and its stand-alone influenza vaccine.
November 11, 2024 | 2:00 pm
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Novavax is under investigation by Levi & Korsinsky for potential securities law violations after the FDA placed a clinical hold on its vaccine developments.
The investigation by Levi & Korsinsky into potential securities law violations is significant, especially following the FDA's clinical hold on key vaccine developments. This could lead to negative investor sentiment and potential legal repercussions, likely impacting NVAX's stock negatively in the short term.
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