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Deadline on Dec. 14th coming up in Lawsuit for Investors in Reata Pharmaceuticals, Inc. (NASDAQ: RETA) shares

12-07-2020 09:38 PM CET | Associations & Organizations

Press release from: Shareholders Foundation

A Deadline is coming up on December 14, 2020 in the lawsuit for certain investors in Reata Pharmaceuticals, Inc. (NASDAQ: RETA).

A Deadline is coming up on December 14, 2020 in the lawsuit for certain investors in Reata Pharmaceuticals, Inc. (NASDAQ: RETA).

A deadline is coming up on December 14, 2020 in the lawsuit filed for certain investors of Reata Pharmaceuticals, Inc. (NASDAQ: RETA) over alleged securities laws violations by Reata Pharmaceuticals, Inc.

Investors who purchased shares of Reata Pharmaceuticals, Inc. (NASDAQ: RETA) have certain options and there are strict and short deadlines running. Deadline: December 14, 2020. NASDAQ: RETA stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Eastern District of Texas the plaintiff alleges on behalf of purchasers of Reata Pharmaceuticals, Inc. (NASDAQ: RETA) common shares between October 15, 2019 and August 7, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between October 15, 2019 and August 7, 2020, the Defendants made false and/or misleading statements and/or failed to disclose that the MOXIe Part 2 study results were insufficient to support a single study marketing approval of omaveloxolone for the treatment of FA in the U.S. without additional evidence, that as a result, it was foreseeable that the FDA would not accept marketing approval of omaveloxolone for the treatment of FA in the U.S. based on the MOXIe Part 2 study results, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Reata Pharmaceuticals, Inc. (NASDAQ: RETA) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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