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Shareholder Alert: Robbins LLP Announces It Is Investigating the Officers and Directors of Verrica Pharmaceuticals Inc. (VRCA) on Behalf of Shareholders

SAN DIEGO & WEST CHESTER, Pa.--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP announces it is investigating whether certain officers and directors of Verrica Pharmaceuticals Inc. (NYSE: VRCA) violated federal securities laws. Verrica is a clinical stage medical dermatology company that develops and commercializes dermatological treatments.

If you suffered a loss as a result of Verrica's misconduct, click here.

Verrica Pharmaceuticals Inc. (VRCA) Announces Receipt of FDA Letter

On June 29, 2020, Verrica disclosed that on June 24, 2020, the Company had received a letter from the U.S. Food & Drug Administration ("FDA") as part of the FDA’s ongoing review of the Company’s New Drug Application (NDA) for VP-102, the Company's lead product candidate for the treatment of molluscum contagiosum. The letter stated that there were deficiencies that preclude discussion of labeling and post-marketing requirements/commitments at this time. Verrica then noted that the FDA requested information "related to a potential safety issue with the applicator that could arise if the instructions for use were not properly followed." On this news, Verrica's stock price fell 28% over the next two trading days to close at $10.16 per share on July 1, 2020.

Verrica Pharmaceuticals Inc. (VRCA) Shareholders Have Legal Options

Contact us to learn more:
Leo Kandinov
(800) 350-6003
LKandinov@robbinsllp.com
Shareholder Information Form

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Contacts

Leonid Kandinov
Robbins LLP
5040 Shoreham Place
San Diego, CA 92122
LKandinov@robbinsllp.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsllp.com

Robbins LLP

NYSE:VRCA

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Contacts

Leonid Kandinov
Robbins LLP
5040 Shoreham Place
San Diego, CA 92122
LKandinov@robbinsllp.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsllp.com

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