ARS Pharmaceuticals Faces Investor Claims Following FDA Rejection of Epinephrine Nasal Spray

The Schall Law Firm, a prominent national shareholder rights litigation firm, has commenced an investigation into potential violations of securities laws by ARS Pharmaceuticals, Inc. (NASDAQ:SPRY) on behalf of investors. The inquiry centers around allegations that the company may have issued false or misleading statements, as well as failed to disclose pertinent information to investors.

ARS Pharmaceuticals faced a setback on September 19, 2023, when the U.S. Food and Drug Administration (FDA) rejected the company’s epinephrine nasal spray. In its complete response letter (CRL), the FDA requested additional efficacy and safety data from ARS. This news had a significant impact on the company’s stock, with shares falling by nearly 55% during intraday trading on September 20, 2023.

Investors who suffered losses as a result of these developments are encouraged to participate in the ongoing investigation. The Schall Law Firm, renowned for its expertise in securities class action lawsuits and shareholder rights litigation, is available to discuss potential legal recourse free of charge. The firm’s founder, Brian Schall, can be reached at 310-301-3335 or via email at bschall@schallfirm.com. Additional information is also available on the firm’s website, www.schallfirm.com.

It is important to note that the class in this case has not yet been certified, and until certification occurs, affected shareholders are not represented by an attorney. However, those who choose to take no action can still remain as absent class members.

ARS Pharmaceuticals is a company dedicated to developing innovative medical solutions. While it currently faces scrutiny regarding the rejection of its epinephrine nasal spray, the investigation by The Schall Law Firm aims to shed light on the situation and protect the rights of investors. The firm’s commitment to representing shareholders around the world underscores its dedication to upholding fairness and accountability in the financial markets.

Please note that this press release may be considered Attorney Advertising in some jurisdictions, in accordance with applicable law and rules of ethics.

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