Archived Investigations

Erasca, Inc. (NasdaqGS: ERAS)

Company Name:Erasca, Inc.

Stock Symbol:NasdaqGS: ERAS

Court:Southern District of California

Class Period Start:01/14/2025

Class Period End (inclusive):04/26/2026

Filing Deadline:The deadline has passed.

June 16, 2026

According to the Complaint, Erasca and certain of its executives are charged with failing to disclose material information during the class period, violating federal securities laws.

The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the preclinical data for the Company’s ERAS-0015 product, a pan-RAS molecular glue for the treatment of patients with RAS-mutated solid tumors, was based on improper comparisons to Revolution Medicines, Inc. and placed Erasca at risk of violating patent and trade secret protections; and (ii) based on the foregoing, the defendants lacked a reasonable basis for their positive statements related to ERAS-0015.

The case is Cheng v. Erasca, Inc., No. 26-cv-03481.

Click here to read the first filed complaint.

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Topics:

What Information Do We Collect About You?
How Do We Collect Information About You?
How Will We Use Information We Collect About You?
Marketing
Access to Your Information and Correction
Your California Privacy Rights
Cookies
Data Retention and Storage
Changes to Our Privacy Policy
How to Contact Us