Choose your preferred way to stay informed of new case launches and settlement deadlines
The filed complaint alleges that Ardelyx, Inc. made materially false and/or misleading statements and/or failed to disclose that: Ardelyx issued a press release on May 1, 2025, reporting its financial results for the first quarter of 2025. Among other items, Ardelyx reported GAAP earnings per share of $0.17 on revenue of $74.1 million, missing consensus estimates by $0.07 and $5.34 million, respectively. Ardelyx also reported a 54% year-over-year increase in its total operating expenses. Following this news, Ardelyx's stock price fell over 24% on May 2, 2025.
In order to be eligible to join the ARDX class action lawsuit, you must have incurred a loss on shares of Ardelyx, Inc. purchased during the class period listed above.
TOP
