NVAX ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Novavax, Inc. Shareholders Who Lost Money

NEW YORK, NY / ACCESSWIRE / November 8, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Novavax, Inc. ("Novavax, Inc.") (NASDAQ:NVAX) concerning possible violations of federal securities laws.

On October 16, 2024, NVAX announced the Food and Drug Administration placed a clinical hold on the development of the company 's combination influenza and Covid-19 (CIC) shot and its stand-alone influenza vaccine. The hold was placed following a "serious adverse event of motor neuropathy" that occurred in a CIC Phase 2 trial participant outside the U.S., who received the vaccine in January of 2023.

Following this news, NVAX 's stock price fell by $2.18 per share, or approximately 17% in premarket trading. To obtain additional information, go to:

https://zlk.com/pslra-1/novavax-inc-lawsuit-submission-form?prid=111220&wire=1

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.

WHY LEVI & KORSINSKY:Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services ' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/

SOURCE:Levi & Korsinsky, LLP

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