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Lead Plaintiff Deadline
Jan 1, 1800
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After the market closed on December 19, 2022, Entrada issued a press release announcing that the U.S. Food and Drug Administration ("FDA") had placed a clinical hold on the Company's Investigational New Drug Application for ENTR-601-44 (a drug for the potential treatment of Duchenne muscular dystrophy). The FDA indicated that they would provide an official Clinical Hold letter to Entrada within 30 days. On this news, Entrada's stock price fell 19.76%, to close at $15.96 per share on December 20, 2022. Then, on November 22, 2023, Entrada announced that, after reevaluating additional information on ENTR-601-44, the FDA refused to lift the previously announced clinical hold on its Phase 1 trial. On this news, Entrada's stock price fell over 31%, to close at $11.36 per share on November 22, 2023.
In order to be eligible to join the TRDA class action lawsuit, you must have incurred a loss on shares of Entrada purchased during the class period listed above.
If you suffered a loss in Entrada during the relevant time frame or pursuant to the relevant offering(s), you have until January 1, 1800 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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