SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Celladon Corp. of Pendency of Class Action Lawsuit & a Lead...
17 Agosto 2015 - 1:51PM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of Celladon Corporation (“Celladon”)
(NASDAQGM:CLDN) between July 7, 2014 and
June 25, 2015.
You are hereby notified that a securities class action
lawsuit has been commenced in the USDC for the Southern District of
California. If you purchased or otherwise acquired Celladon
Corporation securities between July 7, 2014 and June 25, 2015,
your rights may be affected by this action. To get
more information go to:
http://zlk.9nl.com/celladon-cldn
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. There is no cost or obligation to you.
The complaint alleges that during the Class Period defendants
made false and misleading statements and/or failed to disclose
adverse information regarding the Company’s prospects for its lead
drug candidate, MYDICAR, for treating enzyme deficiency in heart
failure patients that results in inadequate pumping of the
heart.
On April 26, 2015, Celladon announced that the Company’s Phase
2b CUPID2 trial of MYDICAR did not meet its primary and secondary
goals. Then on June 1, 2015, Celladon issued a press release
announcing the abrupt resignation of the Company’s Chief Executive
Officer. Then, on June 26, 2015, Celladon announced the suspension
of its plans for further research or development of its MYDICAR
program and other pre-clinical programs, indicating there was a
possibility that the Company could be liquidated with net cash
available to shareholders of $25-$30 million.
If you suffered a loss in Celladon you have until
August 31, 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.
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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version on businesswire.com: http://www.businesswire.com/news/home/20150817006146/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq., 212-363-7500Toll
Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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