GlobeNewswire Inc | Aug 13, 2021 10:07PM EDT

August 14, 2021

NEW YORK, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Scholar Rock Holding Corporation (Scholar Rock or the Company) (NASDAQ:SRRK). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.

The investigation concerns whether Scholar Rock and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On August 3, 2021, Scholar Rock issued a press release announcing the abrupt departure of Company President and Chief Executive Officer Tony Kingsley, who had served in both roles since August 2020, without providing any explanation.

On this news, Scholar Rocks stock price fell $4.07 per share, or 11.85%, to close at $30.27 per share on August 3, 2021.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT:Robert S. WilloughbyPomerantz LLPrswilloughby@pomlaw.com888-476-6529 ext. 7980