9 unchanged sentences
On July 19, 2022, the court consolidated the two putative class actions and appointed a lead plaintiff and lead counsel.
−Removed: The lead plaintiff filed an amended complaint on September 29, 2022.
−Removed: Defendants filed a motion to dismiss the amended complaint on December 2, 2022.
−Removed: In January and February 2023, in lieu of filing a response to defendant’s motion to dismiss, plaintiffs filed a motion seeking leave to further amend their complaint and defendants filed an opposition to the motion for leave to further amend the complaint.
−Removed: On April 6, 2023, the court granted plaintiff’s motion for leave to further amend the complaint.
−Removed: With the second amended complaint, the plaintiffs seek to represent all persons who purchased or otherwise acquired Ardelyx securities between March 6, 2020 and July 19, 2021.
+Added: The lead plaintiff filed a second amended complaint under which the plaintiffs seek to represent all persons who purchased or otherwise acquired Ardelyx securities between March 6, 2020 and July 19, 2021.
Defendants filed a motion to dismiss the amended complaint on June 2, 2023.
−Removed: On August 22, 2023, the court cancelled the hearing scheduled for September 14, 2023 on the motion to dismiss the amended complaint and indicated its decisions to instead rule on the filed briefs.
+Added: On March 22, 2024, the court granted defendants’ motion to dismiss.
+Added: The court provided plaintiffs a third opportunity to amend and plaintiffs filed a third amended complaint on April 19, 2024.
+Added: Defendant's motion to dismiss the third amended complaint is required to be filed by June 3, 2024.
We believe the plaintiff’s claims are without merit and we have not recorded any accrual for a contingent liability associated with these legal proceedings.
11 unchanged sentences
From time to time, we may be involved in legal proceedings arising in the ordinary course of business.
−Removed: As of September 30, 2023, there is no litigation pending that would reasonably be expected to have a material adverse effect on our results of operations and financial condition, and no contingent liabilities were accrued as of September 30, 2023.
+Added: As of March 31, 2024, there is no litigation pending that would reasonably be expected to have a material adverse effect on our results of operations and financial condition, and no contingent liabilities were accrued as of March 31, 2024.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.