NEW YORK, Nov. 22, 2016 /PRNewswire/ -- Rosen Law
Firm, a global investor rights law firm, reminds purchasers of
TerraVia Holdings, Inc. securities (NASDAQ: TVIA) from August 8, 2016 through November 7, 2016, both dates inclusive (the
"Class Period") of the important January 17,
2017 lead plaintiff deadline in the class action filed by
the firm. The lawsuit seeks to recover damages for TerraVia
investors under the federal securities laws.
To join the TerraVia class action, go to
http://www.rosenlegal.com/cases-989.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or
email pkim@rosenlegal.com or kchan@rosenlegal.com for information
on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, throughout the Class Period Defendants
made false and/or misleading statements and/or failed to disclose
that: (1) TerraVia's products caused gastrointestinal distress,
such as nausea and vomiting; and (2) as a result, Defendants'
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 reported that TerraVia sent a letter to a
distributor in July warning that TerraVia had received reports
showing that algal protein can cause gastrointestinal distress. On
this news, shares of TerraVia fell $0.15 per share or over 8% to close at
$1.70 per share on November 7, 2016, damaging investors. Attorney
Advertising. Prior results do not guarantee a similar
outcome.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than
January 17, 2017. If you wish to join
the litigation, go to http://www.rosenlegal.com/cases-989.html or
to discuss your rights or interests regarding this class action,
please contact Phillip Kim or
Kevin Chan of Rosen Law Firm toll
free at 866-767-3653 or via email at pkim@rosenlegal.com or
kchan@rosenlegal.com.
Follow us for updates on LinkedIn:
https://www.linkedin.com/company/the-rosen-law-firm or on Twitter:
https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Contact Information:
Laurence
Rosen, Esq.
Phillip Kim,
Esq.
Kevin Chan,
Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th
Floor
New York,
NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A.