#United States #Oakland #Class Action Settlement #Tricida Securities #Kroll Administration

Overview of Tricida Securities Litigation Settlement

The Kroll Settlement Administration recently informed the public about a proposed class action settlement regarding the Tricida securities litigation, case number 4:21-cv-00076-HSG, which is currently before the Northern District of California. This litigation primarily addresses the claims of individuals and entities who purchased or acquired shares of Tricida, Inc. between May 8, 2020 and February 25, 2021. If you belong to this class and suffered damages, this article provides essential details regarding the settlement proposal that has been put forth.

Proposed Settlement Amount

The proposed settlement involves a total cash payout of $14,250,000 aimed at compensating affected shareholders. During a court hearing scheduled for October 16, 2025, Judge Haywood S. Gilliam, Jr., will evaluate whether to approve the settlement terms as fair, reasonable, and adequate for the class members.

Class Members

To classify as a member of this lawsuit, you must have purchased Tricida, Inc. common stock within the specified timeframe. It’s crucial for current shareholders to understand that their rights may be impacted by this proposed settlement. If you haven't yet submitted your claims, you should act promptly to ensure eligibility.

Claim Submission Process

Class members wishing to pursue compensation must submit a Claim Form along with any necessary supporting documentation by no later than October 1, 2025. Forms can be submitted electronically via www.TricidaSecuritiesSettlement.com or by emailing claims to the address provided by Kroll Settlement Administration.

Failure to submit the Claim Form by the deadline may result in the rejection of claims, thereby preventing affected parties from receiving any portion of the settlement. It’s advisable to keep track of your submissions and confirm receipt to safeguard your interests.

Other Important Dates

• - Exclusion Requests: If you wish to exclude yourself from the class action, you must submit a request to do so by September 11, 2025.
• - Objection Submission: Should you have concerns regarding the settlement, you have the right to object. Any objections must be submitted no later than September 11, 2025.
• - Notice of Appearance: Members may enter an appearance in the court action, which requires necessary paperwork to be filed by September 25, 2025.

Conclusion

This class action represents a significant moment for Tricida shareholders who suffered losses during the defined period. Kroll Settlement Administration is advocating for a solution that aims to provide fair compensation through the forthcoming settlement. Keep an eye on corresponding deadlines and ensure your rights remain protected throughout this process. For more information, FAQs, and specific guidance on submitting claims or requests, please visit TricidaSecuritiesSettlement.com.