According to the lawsuit, defendants throughout the Class Period 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;
- as a result, Defendants overstated the PRO2TECT Program’s clinical prospects;
- accordingly, Defendants also overstated vadadustat’s overall commercial and regulatory prospects; and
- as a result, the Company’s public statements were materially false and misleading at all relevant times.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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