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Investigation Overview

Pomerantz LLP is currently investigating potential claims on behalf of investors in Pliant Therapeutics, Inc. (NASDAQ: PLRX). This inquiry arises from serious allegations concerning possible securities fraud or other unlawful business activities linked to the company and some of its executives. Investors who feel affected are urged to reach out to Pomerantz, particularly Danielle Peyton, through the provided contact details.

Recent Developments

On February 7, 2025, Pliant Therapeutics announced a pause in the enrollment and dosing of participants in their BEACON-IPF Phase 2b trial, which assesses the efficacy of bexotegrast in patients with idiopathic pulmonary fibrosis. This decision was following recommendations from their independent Data Safety Monitoring Board (DSMB). Following the announcement, analysts from Wells Fargo and Citi downgraded their ratings for Pliant Therapeutics, expressing concerns regarding the drug's future.

The day after the announcement, Pliant's stock price saw a dramatic decline, plummeting by $4.72, or 60.59%, resulting in a closing price of $3.07 on February 10, 2025. This substantial drop has raised alarms among investors and prompted the law firm's investigation into potential impacts and whether investors were misled regarding the company’s financial stability and drug viability.

About Pomerantz LLP

Founded by the late Abraham L. Pomerantz, recognized as a pioneer in the field of securities class action, Pomerantz LLP has earned a distinguished reputation as a leading law firm specializing in corporate, securities, and antitrust class litigation. With over 85 years of experience, the firm has recovered billions of dollars for clients who suffered from breaches of fiduciary duty and corporate misconduct. The firm operates in major cities across the globe, including New York, Chicago, Los Angeles, London, Paris, and Tel Aviv.

Attorney advertising is essential here, as previous results do not ensure similar outcomes for current or future cases. Investors are encouraged to act promptly, as timelines related to class action lawsuits can be time-sensitive, and joining the investigation may provide a pathway to seek recompense for their financial losses.

Call to Action

Investors who wish to learn more about the investigation are encouraged to contact Pomerantz LLP via email at [email protected] or by phone at 646-581-9980, extension 7980. The firm aims to determine whether there were any violations that resulted in the significant financial losses of investors affected by Pliant Therapeutics’ recent developments.

In this turbulent financial climate, staying informed about the status of one’s investments and the potential legal recourse available is vital. More details on joining the class action can be found by following the links that Pomerantz LLP provides for stakeholders.


For further updates, keep an eye on the news, as this situation is subject to rapid developments, and investors must remain vigilant to safeguard their financial interests.