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NEW YORK and NEW ORLEANS, April 14, 2026 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notified investors in Soleno Therapeutics, Inc. (NasdaqCM: SLNO) of a class action securities lawsuit.
The lawsuit seeks to recover losses on behalf of investors of Soleno Therapeutics who were allegedly adversely affected by securities fraud between March 26, 2025 and November 4, 2025.
According to the complaint, Soleno and certain of its executives are charged with failing to disclose material information during the class period, in violation of federal securities laws.
The alleged false and misleading statements and/or omissions include, among other things:
The case is City of Pontiac Police and Fire Retirement System v. Soleno Therapeutics, Inc., No. 26-cv-01979.
Investors who purchased Soleno securities and suffered losses during the relevant time frame have until May 5, 2026 to request that the Court appoint them as lead plaintiff. The notice states that eligibility to share in any recovery does not require serving as a lead plaintiff.
KSF, a boutique securities litigation law firm whose partners include former Louisiana Attorney General Charles C. Foti, Jr., states that it was ranked by SCAS among the top 10 firms nationally based on total settlement value. The firm says it represents public and private institutional investors and retail investors seeking recoveries for investment losses tied to corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
elewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
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