{"id":471228,"date":"2021-04-05T21:03:10","date_gmt":"2021-04-06T01:03:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=471228"},"modified":"2021-04-05T21:03:10","modified_gmt":"2021-04-06T01:03:10","slug":"hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\/","title":{"rendered":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating Acadia Pharmaceuticals (ACAD) For Possible Securities Law Violations, Encourages Investors with Losses to Contact Its Attorneys"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n SAN FRANCISCO<\/span>, April 5, 2021<\/span> \/PRNewswire\/ — Hagens Berman invites Acadia Pharmaceuticals Inc. (NASDAQ: ACAD) <\/b>investors with significant losses to submit your losses now<\/a>.\u00a0The firm is investigating possible securities law violations and certain investors may have valuable claims.<\/p>\n

\n

\n
\n \"Hagens
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n Visit:<\/b>\u00a0www.hbsslaw.com\/investor-fraud\/ACAD<\/a>\u00a0
Contact An Attorney Now:<\/b>\u00a0ACAD@hbsslaw.com<\/a>
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895<\/b><\/p>\n

\n Acadia Pharmaceuticals Inc. (NASDAQ: ACAD) Investigation:
<\/b>\n <\/p>\n

The investigation focuses on the accuracy of Acadia’s disclosures concerning its supplemental new drug application (“sNDA”) for NUPLAZID\u00ae (pimavanserin) for the treatment of hallucinations and delusions associated with dementia-related psychosis (“DRP”).<\/p>\n

On July 20, 2020<\/span>, Acadia announced the U.S. FDA accepted for filing the sNDA.\u00a0The company also reassured investors “[t]he FDA has also informed the company that it has not identified any potential review issues at this point in their evaluation and at this time they are not planning to hold an Advisory Committee meeting.”<\/p>\n

But on March 8, 2021<\/span>, Acadia shocked its shareholders when it announced that on March 3, 2021<\/span> the FDA informed the company that during review of the sNDA the agency identified deficiencies that preclude discussion of labeling and post-marketing requirements\/commitments at this time.<\/p>\n

Analysts were stunned by this news.\u00a0RBC Capital Markets analyst Gregory Renza<\/span> reportedly said that after receiving the notice on March 3rd<\/span> and “a subsequent five days of ghosting,” he now expects the FDA to issue a Complete Response Letter rejecting Acadia’s application.<\/p>\n

In response to these disclosures, Acadia’s share price fell $20.76<\/span>, or 45%, in a single trading day, on unusually heavy trading volume.<\/p>\n

Most recently, on April 5, 2021<\/span>, Acadia announced the FDA rejected the sNDA citing a lack of statistical significance regarding some of the subgroups of dementia and inadequate numbers of patients with some less common dementia subtypes.\u00a0This news sent the price of Acadia shares crashing lower.<\/p>\n

“We’re focused on investors’ losses and whether Acadia may have misled investors by concealing FDA-related review risks for the sNDA,” said Reed Kathrein<\/span>, the Hagens Berman partner leading the investigation.<\/p>\n

If you are an Acadia investor and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman<\/a>.<\/p>\n

\n Whistleblowers: \u00a0<\/b>Persons with non-public information regarding Acadia should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein<\/span> at 844-916-0895<\/b> or email ACAD@hbsslaw.com<\/a>.<\/p>\n

\n
\n About Hagens Berman<\/a>
\n <\/u>
\n
Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys.\u00a0The firm represents investors, whistleblowers, workers and consumers in complex litigation.\u00a0More about the firm and its successes is located at hbsslaw.com<\/a>.\u00a0For the latest news visit our newsroom<\/a><\/u> or follow us on Twitter at @classactionlaw<\/a><\/u>.<\/p>\n

\n Contact:
<\/u>
\n Reed Kathrein<\/span>, 844-916-0895<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-301262438.html<\/a><\/p>\n

SOURCE Hagens Berman Sobol Shapiro LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire SAN FRANCISCO, April 5, 2021 \/PRNewswire\/ — Hagens Berman invites Acadia Pharmaceuticals Inc. (NASDAQ: ACAD) investors with significant losses to submit your losses now.\u00a0The firm is investigating possible securities law violations and certain investors may have valuable claims. Visit:\u00a0www.hbsslaw.com\/investor-fraud\/ACAD\u00a0Contact An Attorney Now:\u00a0ACAD@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895 Acadia Pharmaceuticals Inc. (NASDAQ: ACAD) Investigation: The investigation focuses on the accuracy of Acadia’s disclosures concerning its supplemental new drug application (“sNDA”) for NUPLAZID\u00ae (pimavanserin) for the treatment of hallucinations and delusions associated with dementia-related psychosis (“DRP”). On July 20, 2020, Acadia announced the U.S. FDA accepted for filing the sNDA.\u00a0The company also reassured investors “[t]he FDA has also informed the company that it has not identified any potential review issues at this point in … <\/p>\n

Continue reading “HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating Acadia Pharmaceuticals (ACAD) For Possible Securities Law Violations, Encourages Investors with Losses to Contact Its Attorneys”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-471228","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating Acadia Pharmaceuticals (ACAD) For Possible Securities Law Violations, Encourages Investors with Losses to Contact Its Attorneys - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating Acadia Pharmaceuticals (ACAD) For Possible Securities Law Violations, Encourages Investors with Losses to Contact Its Attorneys - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SAN FRANCISCO, April 5, 2021 \/PRNewswire\/ — Hagens Berman invites Acadia Pharmaceuticals Inc. (NASDAQ: ACAD) investors with significant losses to submit your losses now.\u00a0The firm is investigating possible securities law violations and certain investors may have valuable claims. Visit:\u00a0www.hbsslaw.com\/investor-fraud\/ACAD\u00a0Contact An Attorney Now:\u00a0ACAD@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895 Acadia Pharmaceuticals Inc. (NASDAQ: ACAD) Investigation: The investigation focuses on the accuracy of Acadia’s disclosures concerning its supplemental new drug application (“sNDA”) for NUPLAZID\u00ae (pimavanserin) for the treatment of hallucinations and delusions associated with dementia-related psychosis (“DRP”). On July 20, 2020, Acadia announced the U.S. FDA accepted for filing the sNDA.\u00a0The company also reassured investors “[t]he FDA has also informed the company that it has not identified any potential review issues at this point in … Continue reading "HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating Acadia Pharmaceuticals (ACAD) For Possible Securities Law Violations, Encourages Investors with Losses to Contact Its Attorneys"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-06T01:03:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/450112\/Hagens_Berman_Sobol_Shapiro_LLP_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating Acadia Pharmaceuticals (ACAD) For Possible Securities Law Violations, Encourages Investors with Losses to Contact Its Attorneys\",\"datePublished\":\"2021-04-06T01:03:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\\\/\"},\"wordCount\":520,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/450112\\\/Hagens_Berman_Sobol_Shapiro_LLP_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\\\/\",\"name\":\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating Acadia Pharmaceuticals (ACAD) For Possible Securities Law Violations, Encourages Investors with Losses to Contact Its Attorneys - 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(NASDAQ: ACAD) investors with significant losses to submit your losses now.\u00a0The firm is investigating possible securities law violations and certain investors may have valuable claims. Visit:\u00a0www.hbsslaw.com\/investor-fraud\/ACAD\u00a0Contact An Attorney Now:\u00a0ACAD@hbsslaw.com\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 844-916-0895 Acadia Pharmaceuticals Inc. (NASDAQ: ACAD) Investigation: The investigation focuses on the accuracy of Acadia’s disclosures concerning its supplemental new drug application (“sNDA”) for NUPLAZID\u00ae (pimavanserin) for the treatment of hallucinations and delusions associated with dementia-related psychosis (“DRP”). On July 20, 2020, Acadia announced the U.S. FDA accepted for filing the sNDA.\u00a0The company also reassured investors “[t]he FDA has also informed the company that it has not identified any potential review issues at this point in … Continue reading \"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating Acadia Pharmaceuticals (ACAD) For Possible Securities Law Violations, Encourages Investors with Losses to Contact Its Attorneys\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-06T01:03:10+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/450112\/Hagens_Berman_Sobol_Shapiro_LLP_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating Acadia Pharmaceuticals (ACAD) For Possible Securities Law Violations, Encourages Investors with Losses to Contact Its Attorneys","datePublished":"2021-04-06T01:03:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\/"},"wordCount":520,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/450112\/Hagens_Berman_Sobol_Shapiro_LLP_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-investigating-acadia-pharmaceuticals-acad-for-possible-securities-law-violations-encourages-investors-with-losses-to-contact-its-attorneys-4\/","name":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating Acadia Pharmaceuticals (ACAD) For Possible Securities Law Violations, Encourages Investors with Losses to Contact Its Attorneys - 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