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Investigations

Investigation of Romeo Power Inc.

Romeo Power, Inc. (RMO, RMO.WT) Made Misstatements Regarding its Ability to Meet Demand      On October 5, 2020, RMG Acquisition Corp., a special purpose acquisition company, announced a definitive agreement

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Working with chemicals
Investigations

Investigation of ChemoCentryx, Inc.

ChemoCentryx, Inc. (CCXI) Misled Investors Regarding the Company’s Concerns for User Safety After the market closed on November 25, 2019, ChemoCentryx, Inc. (CCXI) announced “Positive Topline Data from Pivotal Phase

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Investigations

Investigation of Bluecity Holdings Limited

BlueCity Holdings Limited (BLCT) Misled Investors Regarding the Company’s Capability for Sustainable Growth According to the complaint, BlueCity conducted its IPO on July 8, 2020, issuing 5.3 million shares of

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Medical items
Investigations

Investigation of LifeMD, Inc.

LifeMD, Inc. (LFMD) Misled Investors Regarding its Business Operations Throughout the class period, defendants made false and/or misleading statements regarding its business.  Specifically, defendants failed to disclose that: (1) many

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Investigations

Investigation of GoodRX Holdings, Inc.

GoodRx Holdings, Inc. (GDRX) Misled Shareholders Regarding its Business Prospects      Defendants timed the Company’s initial public offering (“IPO”) to happen just before Amazon.com, Inc. announced its online pharmaceutical business

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Electric car at charging station
Investigations

Investigation of Lordstown Motors Corp.

Lordstown Motor Corporation (RIDE) Misled Investors About its Endurance Orders and Production Capabilities On August 1, 2020, Lordstown announced it had entered into a merger agreement with DiamondPeak Holdings Corp,

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3D printer
Investigations

Investigation of 3D Systems Corp.

3D Systems Corp. (DDD) Lacked Proper Internal Controls Over Financial Reporting   Throughout the class period, 3D Systems attested to the accuracy of its financial reporting and disclosure controls and

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Investigation of Acadia Pharmaceuticals Inc.

Acadia Pharmaceuticals Inc. (ACAD) Misled Shareholders Regarding the Viability of Pimavanserin for Dementia-Related Psychosis       In April 2016, the FDA approved pimavanserin for the treatment of hallucinations and delusions associated

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Investigation of Peloton Interactive, Inc.

Peloton Interactive Inc. (PTON) Misled Investors Regarding the Company’s Concerns for User Safety In October 2020, Peloton recalled 27,000 bikes after reports of pedal breakages and customer injuries.  In commenting

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