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Deadline on May 13th coming up in Lawsuit for Investors in Akebia Therapeutics, Inc. (NASDAQ: AKBA)

05-05-2022 09:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on May 13, 2022, in the lawsuit for certain investors in Akebia Therapeutics, Inc. (NASDAQ: AKBA).

A Deadline is coming up on May 13, 2022, in the lawsuit for certain investors in Akebia Therapeutics, Inc. (NASDAQ: AKBA).

A deadline is coming up on May 13, 2022, in the lawsuit filed for certain investors of Akebia Therapeutics, Inc. (NASDAQ: AKBA) over alleged securities laws violations by Akebia Therapeutics, Inc.

Investors who purchased shares of Akebia Therapeutics, Inc. (NASDAQ: AKBA) have certain options and there are strict and short deadlines running. Deadline: May 13, 2022. NASDAQ: AKBA 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 New York the plaintiff alleges on behalf of purchasers of Akebia Therapeutics, Inc. (NASDAQ: AKBA) common shares between June 28, 2018, and September 2, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between June 28, 2018 and September 2, 2020, the Defendants made false and/or misleading statements and/or failed to disclose that vadadustat was not as safe in treating NDD-CKD patients with anemia as Defendants had represented, that as a result, Defendants overstated the PRO2TECT Program's clinical prospects, that accordingly, Defendants also overstated vadadustat's overall commercial and regulatory prospects, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Akebia Therapeutics, Inc. (NASDAQ: AKBA) have certain options and should contact the Shareholders Foundation.

Contact:
Christopher Clausen
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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