On or around 01/07/2021 (Date of last review)
Filing Date: January 06, 2021
According to the Complaint, Tricida, Inc. is a pharmaceutical company that focuses on the development and commercialization of its drug candidate, veverimer (TRC101), a non-absorbed, orally administered polymer designed as a potential treatment for metabolic acidosis in patients with chronic kidney disease ("CKD"). Tricida has completed a Phase 3, double-blind, placebo-controlled trial of veverimer in patients with CKD and metabolic acidosis.
The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements, and failed to disclose material adverse facts about the Company's business, operational, and compliance policies. Specifically, the Complaint alleges Defendants made false and/or misleading statements and failed to disclose to investors that: (i) Tricida's NDA for veverimer was materially deficient; (ii) accordingly, it was foreseeably likely that the FDA would not accept the NDA for veverimer; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
Company & Securities Information
Defendant: Tricida, Inc.
Industry: Biotechnology & Drugs
Headquarters: United States
Ticker Symbol: TCDA
Company Market: NASDAQ
Market Status: Public (Listed)
About the Company & Securities Data
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First Identified Complaint
Michael Pardi, et al. v. Tricida, Inc., et al.
COURT: N.D. California
DOCKET #: 21-CV-00076
JUDGE: Hon. Lucy H. Koh
DATE FILED: 01/06/2021
CLASS PERIOD START: 09/04/2019
CLASS PERIOD END: 10/28/2020
PLAINTIFF FIRMS NAMED IN COMPLAINT:
First Identified Complaint (FIC) Filings:
Class Action Complaint for Violations of the Federal Securities Laws
U.S. District Court Civil Docket
—Reference Complaint Complaint Related Data is not available
Related District Court Filings
—Related District Court Filings Data is not available