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ACAD Acadia Pharmaceuticals Inc

17.00
-0.05 (-0.29%)
After Hours
Last Updated: 21:03:20
Delayed by 15 minutes
Share Name Share Symbol Market Type
Acadia Pharmaceuticals Inc NASDAQ:ACAD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -0.29% 17.00 16.83 17.00 17.42 16.91 17.15 1,368,131 21:03:20

SHAREHOLDER ALERT: Stephens & Stephens LLP Investigating the Officers and Directors of ACADIA Pharmaceuticals Inc. (ACAD)

30/07/2020 8:37pm

Business Wire


Acadia Pharmaceuticals (NASDAQ:ACAD)
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From May 2019 to May 2024

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Stephens & Stephens LLP is investigating the officers and directors of ACADIA Pharmaceuticals Inc. (NasdaqGS: ACAD) for breach of fiduciary duties on the part of its directors and management.

If you would like to discuss your legal rights call (805) 922-1951 or email conrad@stephensfirm.com.

ACADIA Pharmaceuticals (ACAD) Accused of Misleading Shareholders

According to the class action lawsuit filed against ACADIA Pharmaceuticals Inc., ACADIA and certain of its officers and directors are charged with failing to disclose material information regarding its lead drug candidate NUPLAZID and for violations of federal laws that prevent pharmaceutical companies from providing remuneration to include or provide referrals for drugs payable by a federal program.

On July 9, 2018, the Southern Investigative Reporting Foundation (now known as the Foundation for Financial Journalism) reported that "evidence is mounting that something is horribly wrong with Acadia's sole drug, Nuplazid" and that "Acadia has accomplished its growth in ways that have attracted intense regulatory scrutiny for other drug companies" including "dispensing wads of cash to doctors to incentivize prescription writing and downplaying mounting reports of patient deaths."

On June 1, 2020, Judge Anthony J. Battaglia of the United States District Court for the Southern District of California issued an order in In re Acadia Pharmaceuticals Inc. Securities Litigation granting in part and denying in part the defendants’ motion to dismiss.

About Stephens & Stephens LLP

Stephens & Stephens LLP is a full service transactional and litigation law firm that offers its clients personalized legal services.

Attorney Advertising. Past results do not guarantee a similar outcome.

Conrad B. Stephens Stephens & Stephens LLP 505 S. McClelland Street Santa Maria, CA 93454 (805) 922-1951 conrad@stephensfirm.com

1 Year Acadia Pharmaceuticals Chart

1 Year Acadia Pharmaceuticals Chart

1 Month Acadia Pharmaceuticals Chart

1 Month Acadia Pharmaceuticals Chart

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