Specifically, Defendants made false and/or misleading statements and/or failed to disclose that:  (i) the MOXIe Part 2 study results were insufficient to support a single study marketing approval of omaveloxolone for the treatment of FA in the U.S. without additional evidence; (ii) as a result, it was foreseeable that the FDA would not accept marketing approval of omaveloxolone for the treatment of FA in the U.S. based on the MOXIe Part 2 study results; and (iii) as a result, the Company’s public statements were materially false and misleading at all relevant times.On August 10, 2020, during pre-market hours, Reata issued a press release announcing its second quarter 2020 financial results, wherein it disclosed that the FDA “is not convinced that the MOXIe Part 2 results” of the Company’s study assessing omaveloxolone for the treatment of FA “will support a single study approval without additional evidence that lends persuasiveness to the results,” and that, “[i]n preliminary comments for [a] meeting, the FDA stated that [Defendants] will need to conduct a second pivotal trial that confirms the mFARS [modified Friedreich’s Ataxia Rating Scale] results of the MOXIe Part 2 study with a similar magnitude of effect.”On this news, Reata’s stock price fell $51.79 per share, or 33.16%, to close at $104.41 per share on August 10, 2020.The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Crimson Wine Group has appointed Jennifer Locke as its new CEO, effective as of 2 December. Hiring the wrong financial advisor can wreak havoc on your investments and ruin your retirement. The company sells wines through independent wine and spirit distributors in the United States; and … © 2020 Wine Communications Group - all rights reserved. All Rights Reserved. Finally, on March 18, 2020, analysts downgraded Royal Caribbean’s stock and slashed their price targets. Chairman of Crimson Wine John Cumming said: “Jennifer’s management expertise, deep knowledge of the wine business and proven sales and marketing acumen will be a tremendous asset for Crimson Wine Group in the next phase of the company’s growth and development. Microsoft will help customers to store data at rest in Taiwan and over 90 compliance certifications to meet a broad range of industry and regulatory entity standards, under Taiwan's executive branch of government, the Executive Yuan. See www.pomerantzlaw.com.CONTACT: Robert S. Willoughby Pomerantz LLP rswilloughby@pomlaw.com 888-476-6529 ext. The liberal justices dissented as the Supreme Court ruled against extending Wisconsin’s deadline to count mailed-in ballots received after Election Day. for any reason without written permission of the Publisher. Global research firm just identified a stock with the potential to "crush Zoom’s gains."

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