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TCDA.US
id: 1391

Tricida (TCDA) Investor Settlement

The parties have reached an agreement to settle the case, but the terms are still being finalized.
N.D. California
Court
4:21-cv-00076
Case number
06/28/2018
Class period Start
02/25/2021
Class period End
Tricida reached a settlement with $TCDA investors over claims that it misled them about FDA approval prospects for its kidney drug.
Case Status
Tentative Settlement
Alleged Offence
Misleading Statements
Failure to Disclose
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Filing date
03/07/2021
Plaintiffs
Jeffrey M. Fiore
Attorneys
Block & Leviton LLP
Defendants
Gerrit Klaerner
Judge
Haywood S. Gilliam, Jr.
Class wide damages
$85,000,000
Trades matching type
FIFO