Shareholder Rights Advocates at Levi & Korsinsky Investigate Applied Therapeutics, Inc. (APLT) Regarding Possible Securities Fraud Violations
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Levi & Korsinsky is investigating Applied Therapeutics, Inc. (APLT) for potential securities fraud violations following an FDA Complete Response Letter regarding their drug govorestat.
December 10, 2024 | 7:30 pm
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Applied Therapeutics is under investigation by Levi & Korsinsky for potential securities fraud after the FDA issued a Complete Response Letter for their drug govorestat.
The investigation by Levi & Korsinsky into potential securities fraud is significant as it could lead to legal challenges and affect investor confidence. The FDA's Complete Response Letter indicates regulatory hurdles for govorestat, impacting the company's product pipeline and potential revenues. These factors are likely to negatively affect APLT's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100