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

REATA PHARMACEUTICALS INC (RETA) Class Action Lawsuit (December 2021)

Closed

4:21cv987 • December 20, 2021

Class Period Start

November 14, 2016

Class Period End

June 20, 2022

PSLRA Deadline

February 18, 2022

Case Allegations

10b5 + Sec11

10b-5 Statutes of Repose

Nov 14, 2019

Sec11 Statutes of Repose

Nov 14, 2022

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

April 24, 2024

Settlement Fund

$45,000,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that purchased or otherwise acquired during the period between November 14, 2016 and December 8, 2021, inclusive, you purchased or otherwise acquired the common stock of Reata Pharmaceuticals, Inc. (“Reata” or the “Company”), including Reata common stock purchased or otherwise acquired pursuant and/or traceable to Reata’s 2019 Offering and/or 2020 Offering

Claim Administrator

Epiq
Doyle v. Reata Pharmaceuticals, Inc. c/o Epiq P.O. Box 5566 Portland, OR 97228-5566
+1 877-664-7398
[email protected]

Hearing Date

March 29, 2024

Opt-out Deadline

March 8, 2024

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Jan 3, 2025

Disbursement Approved

The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.

Mar 29, 2024

Final Approval of Settlement

The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.

Dec 26, 2023

Proof of Claim Form

To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.

Nov 27, 2023

Preliminary Approval of Settlement

The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.

Nov 3, 2023

Proposed Settlement

Sep 14, 2023

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.

Sep 7, 2022

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.

Jul 14, 2022

Scheduling Order

Jun 21, 2022

First Amended Complaint

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

May 13, 2022

Scheduling Order

Apr 22, 2022

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Feb 18, 2022

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in REATA PHARMACEUTICALS INC. The allegations and class definitions are substantively the same.

Jan 7, 2022

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in REATA PHARMACEUTICALS INC. The allegations and class definitions are substantively the same.

Dec 20, 2021

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in REATA PHARMACEUTICALS INC.

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