INVESTOR ALERT: Goldberg Law PC Announces Securities Class Action Lawsuit against TerraVia Holdings, Inc. & Encourages Invest...
November 17 2016 - 6:27PM
Business Wire
Goldberg Law PC, a national shareholder rights litigation firm,
announces the filing of a class action lawsuit against TerraVia
Holdings, Inc. (“TerraVia” or the “Company”) (Nasdaq: TVIA).
Investors who purchased or otherwise acquired shares between August
8, 2016 and November 7, 2016 (the “Class Period”), are encouraged
to contact the firm in advance of the January
17, 2017 lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class
Period, click here to participate. In addition, we encourage
you to contact Michael Goldberg or Brian Schall, of Goldberg Law
PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at
800-977-7401, to discuss your rights without cost to you. You can
also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
The complaint alleges that during the Class Period, 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. When this
news was announced, shares of TerraVia fell in value, causing
investors harm.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161117006455/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.comwww.Goldberglawpc.com