March 02, 2022
Investors in defunct biotech company TerraVia Holdings Inc. have inked a $2.5 million deal to end claims that the company and its executives concealed reports linking the company's algae ingredients to gastrointestinal distress.
May 13, 2020
Investors of bankrupt biotech company TerraVia Holdings Inc. urged a California federal court Tuesday to certify their class in a lawsuit against former executives that alleges they lied about the company's edible algae products, causing the stock price to drop.
February 05, 2020
A California federal judge pared down claims Tuesday against former executives of a biotechnology company but gave investors a chance to revise their accusations that the company told lies about its edible algae products that caused a drop in its stock price.
December 04, 2018
Bankrupt algae-to-food developer TerraVia Holdings Inc. has asked a California federal court to dismiss a proposed stock-drop class action claiming the company concealed reports that consumers became ill after eating food containing its ingredients, saying there's no evidence its products caused the reactions.