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Class Action Lawsuit Filed Against CLDN Celladon Corporation
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Class Action Lawsuit Filed Against CLDN Celladon Corporation# Stock
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http://finance.yahoo.com/news/equity-alert-rosen-law-firm-22530
The Rosen Law Firm, a global investor rights firm, announces that a class
action lawsuit has been filed on behalf of purchasers of Celladon
Corporation (CLDN) common stock from July 7, 2014 through June 25, 2015, all
dates inclusive. The lawsuit seeks to recover damages for Celladon
investors under the federal securities laws.
To join the Celladon class action, go to the firm’s website at http://www.rosenlegal.com/cases-660.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email [email protected]
/* */ or [email protected]
/* */ for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY
ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY
RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, Celladon misstated or failed to disclose adverse
information regarding the prospects for MYDICAR—the Company’s promising
investigational drug for heart failure patients, including that: (1) success
in the CUPID1 trial was not indicative of any success in the CUPID2 trial
since the CUPID1 trial was extremely small; and (2) the Company’s existence
was tied to the trial results and defendants were aware of their
limitations. When the true details entered the market, the lawsuit claims
that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead
plaintiff, you must move the Court no later than August 31, 2015. A lead
plaintiff is a representative party acting on behalf of other class members
in directing the litigation. If you wish to join the class action and
recover your losses, go to the firm’s website at http://www.rosenlegal.com/cases-660.html or to discuss your rights or interests regarding this class action, please contact, Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected]
/* */ or [email protected]
/* */
The Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150702005906/en/
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