IN RE CORMEDIX INC. DERIVATIVE LITIGATION
Case Number:
2:21-cv-18493
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
Companies
Sectors & Industries:
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January 20, 2026
CorMedix Investors Seek First OK Of Governance Reform Deal
Investors in CorMedix Inc. have told a New Jersey federal judge that company directors have agreed to implement several corporate governance reforms to resolve a consolidated shareholder derivative lawsuit accusing the executives of making misleading statements about delays in the regulatory approval of the company's lead drug candidate.
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October 13, 2021
Investor Says Biotech Co. Hid Issues Leading To Delays
A CorMedix Inc. investor launched a derivative shareholder lawsuit Wednesday, claiming that the biopharmaceutical firm's share value plummeted when the public learned that previously undisclosed manufacturing issues were delaying regulatory approval of its antibacterial product candidate.