Investigation announced for Long-Term Investors in shares of Acelyrin, Inc. (NASDAQ: SLRN)

An investigation was announced for current long-term investors in shares of Acelyrin, Inc. (NASDAQ: SLRN) concerning potential breaches of fiduciary duties by certain directors of Acelyrin, Inc.

Investors who are current long term investors in Acelyrin, Inc. (NASDAQ: SLRN) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: SLRN stocks follows a lawsuit filed against Acelyrin, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: SLRN stocks, concerns whether certain Acelyrin, Inc. officers and directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose that izokibep was less effective in treating HS than Defendants had led investors to believe, that accordingly, Acelyrin overstated izokibep's clinical and/or commercial prospects, that as a result, Acelyrin also overstated the Company's business prospects post-IPO, and thatas a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Acelyrin, Inc. (NASDAQ: SLRN) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.