Investigation into Cybin Inc. Securities Fraud Allegations
Investors who purchased shares of Cybin Inc. (NYSE: CYBN) may have suffered losses due to allegations of securities fraud. The law firm Pomerantz LLP is investigating claims on behalf of investors, with concerns that the Company and its officers may have engaged in unlawful business practices. This investigation comes after Cybin's announcement that its CEO, Doug Drysdale, would step down, causing the Company's stock price to fall by 16.58% on September 2, 2025.
Key Takeaways:
- Pomerantz LLP is investigating Cybin Inc. (CYBN) for potential violations of federal securities laws, including allegations of securities fraud.
- The investigation concerns the Company's announcement that Doug Drysdale will step down as CEO, which led to a 16.58% decline in the Company's stock price on September 2, 2025.
- Pomerantz LLP has a long history of fighting for the rights of victims of securities fraud, breaches of fiduciary duty, and corporate misconduct.
- The law firm has recovered numerous multimillion-dollar damages awards on behalf of class members.
- Investors who purchased shares of Cybin Inc. may be eligible to recover damages if they join a potential class action lawsuit.
- Danielle Peyton, an attorney at Pomerantz LLP, is representing investors and can be contacted at dpeyton@pomlaw.com or 646-581-9980 ext. 7980.
Statistics:
- Cybin's stock price fell by $1.24 per share on September 2, 2025, a decline of 16.58% from the previous day's close.
- The decline in stock price occurred after the Company announced that Doug Drysdale would step down as CEO.
- Pomerantz LLP has recovered multimillion-dollar damages awards for class members in numerous cases, including offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv.
Sources:
- Pomerantz LLP is investigating claims on behalf of investors of Cybin Inc. ("Cybin" or the "Company") (NYSE: CYBN)
- PRNewswire, September 8, 2025
- Pomerantz LLP's website, PomerantzLLP.com