The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired
common shares of Acadia Pharmaceuticals Inc. (NASDAQGS: ACAD) between
February 26, 2015 and March 11, 2015.
You are hereby notified that a securities class action lawsuit
has been commenced in the United States District Court for the Southern
District of California. If you purchased or otherwise acquired ACADIA
Pharmaceuticals Inc. (“ACADIA”) securities between February 26, 2015 and
March 11, 2015, your rights may be affected by this
action. To get more information at no cost or obligation to you,
go to:
HTTP://ZLK.9NL.COM/ACAD-INFOSHEET
The complaint alleges that the Company made false and misleading
statements and/or failed to disclose material information regarding the
timing of its submission of its New Drug Application to the FDA for
Nuplazid.
On March 11, 2015, the Company announced it would delay submitting a New
Drug Application for its drug Nuplazid. The Company also noted that
Chief Executive Officer Uli Hacksell is retiring. Shares of ACADIA were
down more than 20% on intraday trading the following day.
If you suffered a loss in Acadia you have until May
12, 2015 to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn’t require that
you serve as a lead plaintiff. To obtain additional information, contact
Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/acadia-pharmaceuticals-acad.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm’s attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. Attorney advertising. Prior results
do not guarantee similar outcomes.
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