{"id":516333,"date":"2021-07-22T08:04:21","date_gmt":"2021-07-22T12:04:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ardelyx-inc-investors-company-investigated-by-the-portnoy-law-firm\/"},"modified":"2021-07-22T08:04:21","modified_gmt":"2021-07-22T12:04:21","slug":"ardelyx-inc-investors-company-investigated-by-the-portnoy-law-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ardelyx-inc-investors-company-investigated-by-the-portnoy-law-firm\/","title":{"rendered":"Ardelyx, Inc. Investors: Company Investigated by the Portnoy Law Firm"},"content":{"rendered":"<h2>\nInvestors can contact the law firm at no cost to learn more about recovering their losses<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>LOS ANGELES, July  22, 2021  (GLOBE NEWSWIRE) &#8212; <strong>\u200b<\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=N6qgRVTEpeqURq5_eOH3jhGvCjTsba62tWc0_-V4dGIUY8_-4vIbm4YTPoq_zkYUIVHLtweFu7BtCDS6FgEEWpVPlcfiih_KFevk8eEd9F8=\" rel=\"nofollow noopener\" target=\"_blank\"><u>The Portnoy Law Firm<\/u><\/a> advises Ardelyx, Inc. (&#8220;Ardelyx&#8221; or the &#8220;Company&#8221;) (NASDAQ: ARDX) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.<\/p>\n<p>Investors are encouraged to contact attorney <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=s3YipqhPYaYPun819K9BfUIpr5h71OY-18bqksawaTksi8kIMAY9Xuz7YD_Xg7k1KdSTENJGR1vtUzBIEO3jhoUGQjhFMzaUepqaPSMs1Lw=\" rel=\"nofollow noopener\" target=\"_blank\"><u>Lesley F. Portnoy<\/u><\/a>,\u00a0by phone 310-692-8883 or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7ELWGqj03DinvVZDjq3AjWZv7dgXOP7q8poz_lmIr9VovI7f-JXpSqc_s5ff0cqzp1lMcbRzwuof8jE4GtTIMR5w5pN8LANeDtIbIzglGE0=\" rel=\"nofollow noopener\" target=\"_blank\"><u>email<\/u><\/a>: lesley@portnoylaw.com, to discuss their legal rights, or <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=A3oZfJ1Mu8LI9FTibI5xgVWzMXs1IXLs8U-1N4ohAKPFfJq7GisAjbjDV8Ql-1guPAzRypVoV8lzxwwfYwxD0g==\" rel=\"nofollow noopener\" target=\"_blank\"><u>click here<\/u><\/a> to join the case via <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JHUNfKh_LgF06XI7VsBsBBoMzM7JeYqa6miysWXNdQkik7iSeoXrK2PX8yeM3n3ci727uUHcMEEEod8l0WEjt4krkICMpggnLlwt0akKIqw=\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.portnoylaw.com<\/u><\/a>. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors\u2019 options for pursuing claims to recover their losses.<\/p>\n<p>Ardelyx issued a press release on July 19, 2021 &#8220;announc[ing] that it received a letter from the U.S. Food and Drug Administration (the &#8216;FDA&#8217; on July 13, 2021 stating that, as part of its ongoing review of the company&#8217;s New Drug Application (&#8220;NDA&#8221;) for the control of serum phosphorus in chronic kidney disease patients on dialysis, the FDA has identified deficiencies that preclude discussion of labeling and post-marketing requirements\/commitments at this time.&#8221; Ardelyx stated further that &#8220;[w]hile the FDA has not provided specific details regarding the deficiencies, the FDA noted that a key issue is the size of the treatment effect and its clinical relevance.&#8221;<\/p>\n<p>On July 20, 2021, Ardelyx&#8217;s stock price fell $5.69 per share, or 73.9%, on this news, to close at $2.01 per share.<\/p>\n<p>Please visit our <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=F9e3wjocn2fK5F-J9_TtB_33BzlPgjFADwNR3Nm1unPIJu1qOguKpw2R_ADcPD8vyxwoNLYYcTVkvOfRvPPwPQ==\" rel=\"nofollow noopener\" target=\"_blank\"><u>website<\/u><\/a> to review more information and submit your transaction information.<\/p>\n<p>The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm\u2019s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>Lesley F. Portnoy, Esq.<br \/>Admitted CA and NY Bar<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MtP7H1tJAuXYOVv8R2LPI-eNoi65j_ej2h-dUn7C4fYL_Ko9VY8bwLFzRfNEYw3t3ucfgKu6vZ-g8XQW_V0z7DPmshs1bKJzKVvyHHv9ZBY=\" rel=\"nofollow noopener\" target=\"_blank\"><u>lesley@portnoylaw.com<\/u><\/a><br \/>310-692-8883<br \/>www.portnoylaw.com<\/p>\n<p>Attorney Advertising<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NDQwNiM0MzA4MjQ2IzIxOTU1Mjc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/0ff7c545-d522-417f-923d-491c51383ff8\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, July 22, 2021 (GLOBE NEWSWIRE) &#8212; \u200bThe Portnoy Law Firm advises Ardelyx, Inc. (&#8220;Ardelyx&#8221; or the &#8220;Company&#8221;) (NASDAQ: ARDX) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. Investors are encouraged to contact attorney Lesley F. Portnoy,\u00a0by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors\u2019 options for pursuing claims to recover their losses. Ardelyx issued a press release on July 19, 2021 &#8220;announc[ing] that it &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ardelyx-inc-investors-company-investigated-by-the-portnoy-law-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ardelyx, Inc. Investors: Company Investigated by the Portnoy Law Firm&#8221;<\/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-516333","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ardelyx, Inc. Investors: Company Investigated by the Portnoy Law Firm - 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\/ardelyx-inc-investors-company-investigated-by-the-portnoy-law-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ardelyx, Inc. Investors: Company Investigated by the Portnoy Law Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, July 22, 2021 (GLOBE NEWSWIRE) &#8212; \u200bThe Portnoy Law Firm advises Ardelyx, Inc. (&#8220;Ardelyx&#8221; or the &#8220;Company&#8221;) (NASDAQ: ARDX) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. Investors are encouraged to contact attorney Lesley F. Portnoy,\u00a0by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors\u2019 options for pursuing claims to recover their losses. Ardelyx issued a press release on July 19, 2021 &#8220;announc[ing] that it &hellip; Continue reading &quot;Ardelyx, Inc. 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Investors: Company Investigated by the Portnoy Law Firm - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ardelyx-inc-investors-company-investigated-by-the-portnoy-law-firm\/","og_locale":"en_US","og_type":"article","og_title":"Ardelyx, Inc. Investors: Company Investigated by the Portnoy Law Firm - Market Newsdesk","og_description":"Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, July 22, 2021 (GLOBE NEWSWIRE) &#8212; \u200bThe Portnoy Law Firm advises Ardelyx, Inc. (&#8220;Ardelyx&#8221; or the &#8220;Company&#8221;) (NASDAQ: ARDX) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. Investors are encouraged to contact attorney Lesley F. Portnoy,\u00a0by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors\u2019 options for pursuing claims to recover their losses. Ardelyx issued a press release on July 19, 2021 &#8220;announc[ing] that it &hellip; Continue reading \"Ardelyx, Inc. Investors: Company Investigated by the Portnoy Law Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ardelyx-inc-investors-company-investigated-by-the-portnoy-law-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-22T12:04:21+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4NDQwNiM0MzA4MjQ2IzIxOTU1Mjc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ardelyx-inc-investors-company-investigated-by-the-portnoy-law-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ardelyx-inc-investors-company-investigated-by-the-portnoy-law-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Ardelyx, Inc. 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