Press release
Investors who lost money with shares of Liquidia Corporation (NASDAQ: LQDA) should contact the Shareholders Foundation in connection with Investigation
An investigation for investors in Liquidia Corporation (NASDAQ: LQDA) shares over potential securities laws violations by Liquidia
Investors who purchased shares of Liquidia Corporation (NASDAQ: LQDA), 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 focuses on possible claims on behalf of purchasers of the securities of Liquidia Corporation (NASDAQ: LQDA) concerning whether a series of statements by Liquidia Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Morrisville, NC based Liquidia Corporation, a biopharmaceutical company, develops, manufactures, and commercializes various products for unmet patient needs in the United States. Liquidia Corporation reported that its annual Total Revenue rose from $15.93 million in 2022 to $17.48 million in 2023, and that its Net Loss increased from $41.01 million in 2022 to $78.5 million in 2023.
On August 19, 2024, Liquidia issued a press release announcing that "the U.S. Food and Drug Administration (FDA) has granted tentative approval of YUTREPIA™ (treprostinil) inhalation powder to treat adults with pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD)" but "must await the expiration of regulatory exclusivity of a competing product before final approval can be granted.
Shares of Liquidia Corporation (NASDAQ: LQDA) declined from $16.99 per share on March 22, 2024, to $8.26 per share on August 19, 2024.
Those who purchased shares of Liquidia Corporation (NASDAQ: LQDA) 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:
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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