An investigation on behalf of current long term investors in Tricida, Inc. (NASDAQ:TCDA) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 04/23/2021 -- Certain directors of Tricida, Inc. are under investigation concerning potential breaches of fiduciary duties.
Investors who are current long term investors in Tricida, Inc. (NASDAQ: TCDA) shares, have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: TCDA stocks follows a lawsuit filed against Tricida, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: TCDA stocks, concerns whether certain Tricida, directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Defendants made false and/or misleading statements and failed to disclose to investors that Tricida's NDA for veverimer was materially deficient, that accordingly, it was foreseeably likely that the FDA would not accept the NDA for veverimer, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Tricida, Inc. (NASDAQ: TCDA) have certain options and should contact the Shareholders Foundation.
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