Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Securities Class Action

Securities fraud litigation history and active cases

In Litigation

1

Settlement

0

Closed

1

Total Settlement

$0

ACADIA PHARMACEUTICALS INC (ACAD) Class Action Lawsuit (April 2021)

In Litigation

3:21cv762 • April 19, 2021

Class Period Start

September 9, 2019

Class Period End

April 4, 2021

PSLRA Deadline

June 21, 2021

Case Allegations

10b5

Statutes of Repose

Sep 9, 2022

Country

United States

Court

Federal Court

Docket History

Nov 12, 2025

Motion for Summary Judgment

A party has asked the court to decide some or all of the claims without going to trial. The judge will review the motion and determine whether the claims can be decided without a trial.

Mar 11, 2024

Class Certification Granted

The court has determined that a class action is the appropriate method to bring the claims by class members. Usually, when a class is certified, the judge will also affirm an individual or entity to represent the class and finalize a class definition (i.e.: who is represented in the lawsuit).

Aug 21, 2023

Motion for Class Certification

The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.

Sep 27, 2022

Motion to Dismiss Denied

The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.

View all Updates

ACADIA PHARMACEUTICALS INC (ACAD) Class Action Lawsuit (July 2018)

Closed

3:18cv1647 • July 19, 2018

Class Period Start

April 29, 2016

Class Period End

July 9, 2018

PSLRA Deadline

September 17, 2018

Case Allegations

10b5

Statutes of Repose

Apr 29, 2019

Country

United States

Court

Federal Court

Docket History

Feb 4, 2022

No Appeal- Closed

Jan 3, 2022

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

May 31, 2021

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Apr 20, 2021

Scheduling Order

Apr 16, 2021

Third Amended Complaint

A new complaint has been filed on behalf of certain investors in ACADIA PHARMACEUTICALS INC. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

View all Updates

TOP