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ORIC Negative Sentiment Score: 25/100

ORIC Investors Have Opportunity to Join ORIC Pharmaceuticals, Inc. Fraud Investigation with the Schall Law Firm

Key Takeaway: ORIC Pharmaceuticals, Inc. is currently facing an investigation by the Schall Law Firm regarding potential violations of securities laws. The investigation centers on allegations that ORIC may have issued misleading information related to its prostate cancer treatment, ORIC-944. Following a disappointing program update that revealed the treatment's effectiveness is on par with a competing drug, ORIC's stock price plummeted 41%. Investors who have incurred losses are encouraged to seek legal representation.

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CONCERNS & RISKS

  • The company is under investigation for potential securities law violations.
  • A recent update on a cancer treatment has resulted in a significant 41% drop in share price.
  • The effectiveness of ORIC-944 is reportedly not meeting investor expectations.

Full Press Release Details

LOS ANGELES, April 22, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ORIC Pharmaceuticals, Inc. (“Oric” or “the Company”) (NASDAQ: ORIC) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Oric “announced a rinzimetostat (ORIC-944) program update” on March 31, 2026. According to the Company’s update, its prostate cancer treatment has a similar effectiveness as a competing drug in the same class, falling short of expectations. Based on this news, shares of Oric fell by 41% on April 1, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

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Frequently Asked Questions

What is the focus of the Schall Law Firm's investigation?

The investigation examines potential securities law violations by ORIC Pharmaceuticals.

Why did ORIC shares drop by 41%?

Shares fell after ORIC reported disappointing effectiveness compared to a competitor.

Who can participate in the claims against ORIC Pharmaceuticals?

Shareholders who experienced losses due to ORIC's actions are encouraged to participate.

How can shareholders contact the Schall Law Firm?

Shareholders can reach the firm via phone, email, or their website for assistance.

What does the Schall Law Firm specialize in?

The firm specializes in securities class action lawsuits and shareholder rights litigation.

Last updated: Apr 22, 2026