Los Angeles, CA - 
(NewMediaWire) - September 7, 2021 - The
Schall Law Firm, a national shareholder rights litigation firm,
reminds investors of a class action lawsuit against CorMedix Inc. (“CorMedix”
or “the Company”) (NASDAQ: CRMD) for violations of §§10(b) and 20(a) of
the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by
the U.S. Securities and Exchange Commission.
Investors
who purchased the Company's securities between July 8, 2020 and May 13, 2021,
inclusive (the ''Class Period''), are encouraged to contact the firm before
September 20, 2021.
If you are
a shareholder who suffered a loss, click here to participate.
We also
encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park
East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your
rights free of charge. You can also reach us through the firm's website
at www.schallfirm.com, or by email
at brian@schallfirm.com.
The class,
in this case, has not yet been certified, and until certification occurs, you
are not represented by an attorney. If you choose to take no action, you can
remain an absent class member.
According
to the Complaint, the Company made false and misleading statements to the
market. CorMedix suffered from deficiencies in its manufacturing process for
DefenCath. The FDA was unlikely to approve the Company’s NDA for DefenCath
based on these deficiencies. The Company downplayed the extent of these
manufacturing problems in its public statements. Based on these facts, the
Company’s public statements were false and materially misleading throughout the
class period. When the market learned the truth about CorMedix, investors
suffered damages.
Join the case to recover your losses.
The Schall
Law Firm represents investors around the world and specializes in securities
class action lawsuits and shareholder rights litigation.
This press
release may be considered Attorney Advertising in some jurisdictions under the
applicable law and rules of ethics.
CONTACT:
The Schall
Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office:
310-301-3335
info@schallfirm.com
SOURCE:
The Schall Law Firm
