NEW YORK CITY, NY / ACCESS Newswire / October 19, 2026 / Pomerantz LLP is investigating claims on behalf of investors of Erasca, Inc. ("Erasca" or the "Company") (NASDAQ:ERAS). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Erasca and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On October 16, 2026, Erasca disclosed in a filing with the U.S. Securities and Exchange Commission that "the employment of Nicholas (Nik) Chetwyn, Ph.D., the Company's Chief Operating Officer, will terminate effective November 2, 2026." Erasca attributed the termination to the Company's decision "to realign its leadership responsibilities to support the development and potential commercialization of its RAS-targeting programs."
On this news, Erasca's stock price fell $1.48 per share, or 9.95%, to close at $13.39 per share on October 16, 2026.
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SOURCE: Pomerantz LLP
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