Applied Therapeutics, Inc. (APLT) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates
Portfolio Pulse from
Levi & Korsinsky has initiated an investigation into Applied Therapeutics, Inc. (APLT) for potential federal securities law violations. This follows the FDA's issuance of a Complete Response Letter for APLT's drug govorestat.
December 08, 2024 | 1:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Applied Therapeutics is under investigation by Levi & Korsinsky for potential securities law violations after the FDA issued a Complete Response Letter for its drug govorestat.
The investigation by Levi & Korsinsky into potential securities law violations is likely to negatively impact investor confidence in APLT. The FDA's Complete Response Letter for govorestat suggests regulatory hurdles, which could delay product approval and affect future revenues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100