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Investigation announced for Long-Term Investors in NASDAQ: TCDA shares over possible Wrongdoing at Tricida, Inc.

03-24-2021 03:54 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Tricida, Inc. (NASDAQ: TCDA) shares.

An investigation on behalf of current long term investors in Tricida, Inc. (NASDAQ: TCDA) shares.

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 mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term 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.

According to that complaint filed in the U.S. District Court for the Northern District of California 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.

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 lawsuits, 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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