Aug. 5 at 7:39 PM
Verrica Pharmaceuticals (
$VRCA) finally agreed to settle with investors over claims it misled the market about FDA approval risks for VP-102.
What happened?
Investors alleged Verrica downplayed manufacturing problems at Sterling, a key contract manufacturer for VP-102, and repeatedly suggested FDA issues had been resolved. In May 2022, the company disclosed a third Complete Response Letter tied to Sterling, raising new concerns about the drug's approval timeline.
Who qualifies?
Investors who purchased
$VRCA between 2021 and 2022.
Apply here: https://11th.com/cases/verricapharmaceuticals-investor-settlement