Biohaven Pharmaceuticals' investors warned about the approaching Class Action Lawsuit, led by a principal claimant, with a deadline for filings on September 12, 2025, as highlighted by Faruqi & Faruqi.
In a significant development, Biohaven Ltd., a publicly traded company on the NYSE under the ticker symbol BHVN, is facing an investigation by the law firm Faruqi & Faruqi over allegations of violations of federal securities laws.
The investigation centres around accusations of overstatements regarding the regulatory prospects of troriluzole and the efficacy of BHV-7000. These allegations, if proven, are believed to have had a significant negative impact on Biohaven's business and financial condition.
On May 15, 2025, Biohaven's stock price fell by $3.84 per share, or 19.53%, to close at $15.82 per share. This steep decline is likely a reflection of the concerns raised by the ongoing investigation.
Faruqi & Faruqi, a leading national securities law firm, is encouraging anyone with information regarding Biohaven's conduct to contact the firm. Investors who acquired Biohaven securities between March 24, 2023, and May 14, 2025, and want to understand their rights regarding a possible lawsuit are encouraged to contact Josh Wilson of Faruqi & Faruqi directly.
The court-appointed lead plaintiff in the Biohaven class action is the investor with the largest financial interest in the relief sought by the class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice.
The deadline to seek the role of lead plaintiff in the Biohaven class action is September 12, 2025. Additional information about the Biohaven class action can be found at www.faruqilaw.com/BHVN.
Josh Wilson can be contacted at 877-247-4292 or 212-983-9330 (Ext. 1310). For more information, please visit Faruqi & Faruqi's website at www.faruqilaw.com.
It's important to note that this is an ongoing investigation, and the details provided here are based on the information available at the time of writing. As more information becomes available, updates will be made accordingly. Investors are advised to stay informed and seek professional advice if they have concerns about their investments in Biohaven Ltd.
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