Pardi
Pardi v. Tricida, Inc.
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 MICHAEL PARDI, et al., Case No. 21-cv-00076-HSG
Plaintiffs, ORDER GRANTING MOTION TO
CERTIFY CLASS AND APPOINTING
v. CLASS REPRESENTATIVE AND
CLASS COUNSEL
TRICIDA, INC., et al., Re: Dkt. No. 152 Defendants.
12 Pending before the Court is Lead Plaintiff’s (“Plaintiff”) motion to certify a securities class action, appoint Plaintiff as class representative, and appoint Block & Leviton LLP as class counsel. Dkt. No. 152. The Court finds the matter appropriate for disposition without oral argument and the matter is deemed submitted. See Civil L.R. 7-1(b). For the reasons below, the Court GRANTS the motion. I. BACKGROUND A. Factual Background Tricida is a clinical-stage biopharmaceutical company. Dkt. No. 142 ¶ 40 (“Second Amended Complaint” or “SAC”)1. Defendant Klaerner was Tricida’s Chief Executive Officer and President at the time the SAC was filed. Id. ¶ 41. In May 2018, Tricida completed…