IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP (the “Firm”) announces a class action lawsuit against TerraVia Holdings, Inc. (“TerraVia” or the “Company”) (Nasdaq: TVIA). Investors, who purchased or otherwise acquired shares between August 8, 2016 and November 7, 2016 inclusive (the “Class Period”), are encouraged to contact the Firm prior to the January 17, 2017 lead plaintiff motion deadline.
If you purchased shares of TerraVia during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at email@example.com.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
The complaint alleges that TerraVia made false and/or misleading statements and/or failed to disclose: that the Company’s products caused gastrointestinal distress, such as nausea and vomiting; and as a result, statements about TerraVia’s business, operations, and prospects were false and misleading and/or lacked a reasonable basis at all relevant times. On November 7, 2016, Bloomberg published an article alleging that an algal flour ingredient provided by TerraVia causes consumers to become sick, and that Rosa Foods will be removing the ingredient altogether from its product formulations by early 2017. When this information was released, shares of TerraVia declined in value, causing investors harm.
If you wish to learn more about this lawsuit at no charge, or if you have questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or via e-mail at firstname.lastname@example.org.
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