litigation
confidence high
sentiment negative
materiality 0.60
Vistagen sued by pro se plaintiffs over alleged misleading clinical trial disclosures
Vistagen Therapeutics, Inc.
- John Cesario and David Preka filed lawsuit on Feb 13, 2025 (Case No. 4:25-cv-01510) in Northern District of California.
- Complaint alleges violations of Sections 10(b), Rule 10b-5, Sections 11 and 17(a) over public disclosures on clinical trials.
- Plaintiffs seek compensatory, punitive damages, fees, and costs.
- Vistagen believes allegations are wholly without merit and intends to defend vigorously.