Investigation Launched by Pomerantz Law Firm for Vanda Pharmaceuticals Investors' Concerns
On February 12, 2026, Pomerantz LLP announced its investigation into claims related to Vanda Pharmaceuticals Inc. (NASDAQ: VNDA). The law firm, recognized as a leader in handling corporate litigation cases, focuses on possible securities fraud or other illicit business activities that may have impacted the investors' interests. Investors affected by recent developments at Vanda Pharmaceuticals are encouraged to reach out to Danielle Peyton of Pomerantz via email or phone.
The rationale behind this investigation stems from a concerning announcement made by Vanda Pharmaceuticals on January 8, 2026. The company shared that it received a decision letter from the FDA's Center for Drug Evaluation and Research (CDER), which stated that the supplemental New Drug Application (sNDA) for HETLIOZ® (tasimelteon) regarding the treatment for jet lag disorder could not be approved in its current formulation. While the FDA acknowledged the efficacy demonstrated in Vanda's controlled clinical trials, it concluded that such data does not sufficiently establish effectiveness for jet lag disorder due to various factors not taken into account in the trials, like physical constraints, noise, and lighting changes associated with actual jet travel.
Consequently, this announcement triggered a significant decline in Vanda’s stock price, which plummeted by $1.20 per share, marking a fall of 14.05% to close at $7.34 per share on the same day. This sharp decrease raises urgent questions about the company's adherence to securities regulations and the potential liability of its leadership regarding the information disclosed.
In the wake of this alarming news, Pomerantz LLP, which boasts a rich history in protecting investors’ rights against corporate misdeeds, continues to uphold its mission established over eighty-five years ago by its founder, Abraham L. Pomerantz. Known as the father of class-action litigation, the firm has a track record of recovering substantial damages for victims of corporate mismanagement and fraud.
Investors are advised not to overlook their rights and may seek to join the broader class action initiated by Pomerantz LLP. Details on how to participate in the investigation or join the class action are accessible via the law firm's website. This investigation serves as a cautionary tale underlining the importance of transparency and accountability in the pharmaceutical industry, where the stakes are inherently high for both companies and investors.
If you are an investor in Vanda Pharmaceuticals and want to know more about your rights following this announcement, do not hesitate to contact Danielle Peyton at Pomerantz LLP. It's crucial for investors to stay informed and proactive, especially in light of potential securities fraud claims that could arise from this situation.
Vanda Pharmaceuticals has faced scrutiny before, but this recent FDA decision marks a pivotal moment for the company and its future trajectory in the market. Whether the ongoing investigation will reveal deeper issues within the company remains to be seen, but the implications are undoubtedly significant for stakeholders involved. The outcome may prompt broader discussions about regulatory practices and the responsibilities of pharmaceutical companies in ensuring that their products meet the necessary standards before submission for approval.
Legal action is still unfolding, and Pomerantz LLP is well-positioned to advocate for investors seeking justice. Stakeholders should remain vigilant as developments continue to emerge in this evolving situation.