Cytokinetics, Incorporated Investigated for Securities Fraud Violations – Contact the DJS Law Group to Discuss Your Rights – CYTK
LOS ANGELES–(BUSINESS WIRE)–The DJS Law Group announces that it is investigating claims on behalf of investors of Cytokinetics, Incorporated (“Cytokinetics” or “the Company”) (NASDAQ: CYTK) for violations of the securities laws.
INVESTIGATION DETAILS: The investigation focuses on whether the Company issued misleading statements and/or failed to disclose information pertinent to investors. Cytokinetics announced on May 1, 2025, that the “U.S. Food and Drug Administration (FDA) has extended the Prescription Drug User Fee Act (PDUFA) action date for the New Drug Application (NDA) for aficamten for the treatment of patients with obstructive hypertrophic cardiomyopathy (oHCM) to December 26, 2025.” The FDA informed the Company that it required “additional time is required to conduct a full review of the company’s proposed Risk Evaluation and Mitigation Strategy (REMS).” Based on this news, shares of Cytokinetics fell by almost 15% in morning trading on May 2, 2025.
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WHY DJS LAW GROUP? DJS Law Group’s primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
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David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
KEYWORDS: United States North America California
INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal
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