Regeneron Pharmaceuticals (REGN) Faces Securities Class Action After Losing $9 Billion Value Following Q3 2024 Earnings Report– Hagens Berman
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Regeneron Pharmaceuticals is facing a securities fraud class action after a significant drop in its stock price following its Q3 2024 earnings report. The investigation focuses on potential misleading information regarding its EYLEA product's marketing and reimbursement practices.
January 10, 2025 | 2:00 pm
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Regeneron Pharmaceuticals is under investigation for potential securities fraud related to its EYLEA product, following a $9 billion loss in market value after its Q3 2024 earnings report.
The class action and investigation into Regeneron's marketing practices for EYLEA could lead to legal and financial repercussions, negatively impacting investor sentiment and stock price in the short term.
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