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VISTAGEN ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Vistagen Therapeutics, Inc. and Encourages Investors to Contact the Firm

Key Takeaway: Bragar Eagel & Squire, P.C. has announced a class action lawsuit against Vistagen Therapeutics, Inc. for allegedly providing misleading information related to its Phase 3 PALISADE-3 trial of fasedienol for social anxiety disorder. The lawsuit claims that the company made overly positive statements while concealing material adverse facts about the trial's performance. Following the announcement of poor trial results, Vistagen's stock experienced a dramatic decline of more than 80%. Investors affected by this decline are encouraged to contact the law firm for potential legal action.

Market Sentiment Analysis

CONCERNS & RISKS

  • Class action lawsuit filed against Vistagen for misleading statements.
  • Company's Phase 3 trial for fasedienol failed to meet primary endpoints.
  • Stock price dropped over 80% following adverse trial results.

Full Press Release Details

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Vistagen (VTGN) To Contact Him Directly To Discuss Their Options
If you purchased or acquired Vistagen common stock between April 1, 2024 and December 16, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Forunato directly at (212) 355-4648.
Click here to participate in the action.
NEW YORK, Jan. 20, 2026 (GLOBE NEWSWIRE) --
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Vistagen Therapeutics, Inc. (“Vistagen” or the “Company”) (NASDAQ: VTGN) in the U.S. District Court, Northern District of California on behalf of all persons and entities who purchased or otherwise acquired Vistagen common stock between April 1, 2024 and December 16, 2025, both dates inclusive (the “Class Period”). Investors have until March 16, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning its Phase 3 PALISADE-3 trial study of fasedienol, an investigational pherine candidate in development for the acute treatment of social anxiety disorder.
On December 17, 2025, Vistagen issued a press release announcing that the PALISADE-3 Phase 3 study of intranasal fasedienol for the acute treatment of social anxiety disorder did not demonstrate a statistically significant improvement on the primary endpoint of change on the Subjective Units of Distress Scale. In pertinent part, defendants announced the trial did not achieve its primary endpoint and there was no treatment difference between fasedienol and placebo for the secondary endpoints.
Following this news, the price of Vistagen’s common stock declined dramatically from a closing market of $4.36 per share on December 16, 2025 to $0.86 per share on December 17, 2025, a decline of more than 80%.
If you purchased or otherwise acquired Vistagen shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com.  Attorney advertising.  Prior results do not guarantee similar outcomes.
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Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.

Tags

Vistagen Therapeutics
Bragar Eagel & Squire

Frequently Asked Questions

What should I do if I lost money in Vistagen stock?

Contact Brandon Walker or Melissa Fortunato at Bragar Eagel & Squire.

When can I apply to be lead plaintiff in the lawsuit?

You can apply to be lead plaintiff until March 16, 2026.

What caused Vistagen's stock price to drop significantly?

The price fell after the PALISADE-3 trial failed to show significant results.

Who can join the class action lawsuit against Vistagen?

Anyone who purchased Vistagen stock between April 1, 2024, and December 16, 2025.

Is there a cost to participate in the lawsuit?

No, there is no cost or obligation to participate.

Last updated: Jan 20, 2026