RADNOR, Pa., March 29, 2023 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Harmony Biosciences Holdings, Inc. (NASDAQ: HRMY) (“Harmony Biosciences”).
On March 28, 2023, before the market opened, market analyst Scorpion Capital published a report on Harmony Biosciences. The report alleged, among other things, that Harmony Biosciences’ drug, Wakix, is unsafe and causes heart-related issues, including sudden cardiac death, to occur in otherwise healthy patients. Additionally, the report indicated that “explosive information was concealed from the FDA that would have prevented approval” of Wakix by the regulators. The report further alleged that Wakix has “alarming toxicity,” “no efficacy,” is based on “sham patents,” and “scam clinical trials,” and has been “pushed via false advertising and a vast off-label and physician kickback scheme.”
Following this news, Harmony Biosciences’ stock price fell $10.70 per share, or 25.8%, to close at $30.80 per share on March 28, 2023.
If you are a Harmony Biosciences investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or E-mail at info@ktmc.com. You can also click on the following link or paste it in your browser: https://www.ktmc.com/harmony-biosciences-holdings-inc-investigation?utm_source=PR&utm_medium=link&utm_campaign=hrmy&mktm=r
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com
