SHAREHOLDER ALERT: Investigation of Ardelyx, Inc. Announced by Holzer & Holzer, LLC
July 19, 2021 5:26 PM EDT | Source: Holzer & Holzer LLC
Atlanta, Georgia--(Newsfile Corp. - July 19, 2021) - Holzer & Holzer, LLC is investigating whether Ardelyx, Inc. ("Ardelyx" or the "Company") (NASDAQ: ARDX) complied with federal securities laws. On July 19, 2021, the Company announced that "it received a letter from the U.S. Food and Drug Administration (the "FDA") on July 13, 2021, stating that, as part of its ongoing review of the Company's New Drug Application ("NDA") for the control of serum phosphorus in adult patients with chronic kidney disease ("CKD") on dialysis, the FDA has identified deficiencies that preclude discussion of labeling and post-marketing requirements/commitments at this time." The Company further announced that it requested a meeting to discuss the deficiencies identified by the FDA and was notified that the request was denied. The price of Ardelyx stock fell during after-hours trading following the announcement.
If you purchased Ardelyx stock and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or to visit our website at www.holzerlaw.com to discuss your legal rights.
Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.
CONTACT:
Corey D. Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com
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