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Soleno Therapeutics Investors Seek Compensation After Losses
A class action lawsuit has been filed against Soleno Therapeutics, Inc. (SLNO) by Robbins LLP on behalf of investors who experienced losses due to a decline in the company’s stock price. The lawsuit alleges that Soleno Therapeutics made misleading statements regarding its business and financial performance, particularly about its lead drug candidate, causing artificial inflation of its stock. When setbacks in the drug’s development were disclosed, the stock price plummeted, resulting in significant investor losses.