IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against TerraVia Holdings, Inc. Limited & E...
November 16 2016 - 5:07PM
Business Wire
Lundin Law PC, a shareholder rights firm, announces the filing
of a class action lawsuit against TerraVia Holdings, Inc.
(“TerraVia” or the “Company”) (Nasdaq: TVIA) concerning possible
violations of federal securities laws between August 8, 2016 and
November 7, 2016 inclusive (the “Class Period”). Investors, who
purchased or otherwise acquired shares during the Class Period, are
encouraged to contact the firm in advance of the January 17,
2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esquire, of Lundin Law PC, at
888-713-1033, or e-mail him at brian@lundinlawpc.com.
No class has been certified in the above action. Until a class
is certified, you are not considered represented by an attorney.
You may also choose to do nothing and be an absent class
member.
According to the Complaint, TerraVia made false and/or
misleading statements and/or failed to disclose: that the Company’s
products caused gastrointestinal distress, such as nausea and
vomiting; and as a result, statements about TerraVia’s business,
operations, and prospects were false and misleading and/or lacked a
reasonable basis at all relevant times. On November 7, 2016,
Bloomberg published an article alleging that an algal flour
ingredient provided by TerraVia causes consumers to become sick,
and that Rosa Foods will be removing the ingredient altogether from
its product formulations by early 2017.
Lundin Law PC was founded by Brian Lundin, a securities
litigator based in Los Angeles dedicated to upholding shareholders’
rights.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20161116006645/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlawpc.comhttp://lundinlawpc.com/